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(BRNL) Bharat Road complete technical analysis [charts+indicators] | Buy/Sell Bharat Road | (BRNL) share price targets

Complete technical analysis of Bharat Road (BRNL) by charts plus indicators, forecast predictions and share price targets for Bharat Road (BRNL)

Showing technical analysis as on 2024-10-07 View latest technical analysis

10 day averaged volume of Bharat Road is 70889

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	44.62	46.66	47.29	44.33	1.023 times
04 Fri Oct 2024	46.67	46.56	48.49	46.50	0.734 times
03 Thu Oct 2024	47.56	46.00	48.52	46.00	1.245 times
01 Tue Oct 2024	47.60	48.15	48.80	47.00	1.048 times
30 Mon Sep 2024	47.03	46.40	47.53	46.26	0.667 times
27 Fri Sep 2024	47.28	47.86	47.86	46.60	0.819 times
26 Thu Sep 2024	46.96	47.53	48.94	46.60	1.328 times
25 Wed Sep 2024	48.14	48.79	48.80	47.71	0.903 times
24 Tue Sep 2024	48.87	49.19	49.99	47.63	1.548 times
23 Mon Sep 2024	48.27	47.00	49.30	47.00	0.917 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 45.3, for a target of 46.8 or 47.96

Share price targets for Bharat Road (BRNL)

Target Type	Value
Downside Target	44.33
Upside Target	46.00
Upside Target	48.80
Upside Target	49.99
Upside Target	51.00
Upside Target	51.39
Upside Target	51.75
Upside Target	53.55
Upside Target	65.35
Upside Target	79.80
Upside Target	97.00
Upside Target	98.50

Intraday share price targets for Bharat Road (BRNL)

Target Type	Value
Downside Intraday Target	43.54
Downside Intraday Target	42.45
Upside Intraday Target	46.5
Upside Intraday Target	48.37
Upside Intraday Target	45.41

Weekly technical analysis of Bharat Road (BRNL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	44.62	46.66	47.29	44.33	0.277 times
04 Fri Oct 2024	46.67	46.40	48.80	46.00	0.67 times
27 Fri Sep 2024	47.28	47.00	49.99	46.60	1.021 times
20 Fri Sep 2024	47.58	49.45	51.00	47.00	0.963 times
13 Fri Sep 2024	48.89	47.15	51.39	46.31	1.133 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bharat Road (BRNL)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	44.62	48.15	48.80	44.33	0.183 times
30 Mon Sep 2024	47.03	49.26	51.75	46.00	0.628 times
14 Thu Mar 2024	58.80	74.80	79.80	53.55	0.328 times
29 Thu Feb 2024	71.25	94.90	97.00	65.35	0.254 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Bharat Road (BRNL)

Price action analysis of Bharat Road ( (BRNL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bharat Road ( (BRNL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bharat Road ( (BRNL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bharat Road ( (BRNL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bharat Road stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bharat Road in short term but the buy signal is initial and weak.

Bharat Road Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bharat Road in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Bharat Road is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 47.38 and Bharat Road (BRNL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Bharat Road (BRNL) stock. Volume based technical analysis of Bharat Road (BRNL) stock is negative.

Bharat Road Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.