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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 2024-10-09 View latest technical analysis

10 day averaged volume of Bharat Road is 70115

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	46.99	47.00	49.50	46.55	1.285 times
08 Tue Oct 2024	46.50	45.40	47.19	44.15	0.583 times
07 Mon Oct 2024	44.62	46.66	47.29	44.33	1.035 times
04 Fri Oct 2024	46.67	46.56	48.49	46.50	0.742 times
03 Thu Oct 2024	47.56	46.00	48.52	46.00	1.259 times
01 Tue Oct 2024	47.60	48.15	48.80	47.00	1.059 times
30 Mon Sep 2024	47.03	46.40	47.53	46.26	0.674 times
27 Fri Sep 2024	47.28	47.86	47.86	46.60	0.828 times
26 Thu Sep 2024	46.96	47.53	48.94	46.60	1.343 times
25 Wed Sep 2024	48.14	48.79	48.80	47.71	0.913 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 46.6 as stoploss in an intra day buy trade for a target of 47.77. However, stock will show a bearish move below 46.6.

Share price targets for Bharat Road (BRNL)

Target Type	Value
Downside Target	44.15
Downside Target	46.00
Upside Target	48.80
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	44.26
Downside Intraday Target	41.53
Upside Intraday Target	49.61
Upside Intraday Target	52.23
Downside Intraday Target	46.88

Weekly technical analysis of Bharat Road (BRNL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	46.99	46.66	49.50	44.15	0.777 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 up 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
09 Wed Oct 2024	46.99	48.15	49.50	44.15	0.266 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Bharat Road ( (BRNL) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bharat Road Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bharat Road in short term and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 46.96 and Bharat Road (BRNL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.