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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 2024-10-16 View latest technical analysis

10 day averaged volume of Bharat Road is 63247

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	46.14	46.05	47.38	45.94	0.672 times
15 Tue Oct 2024	46.03	47.97	47.97	45.06	0.772 times
14 Mon Oct 2024	46.69	47.69	48.47	46.60	0.58 times
11 Fri Oct 2024	47.69	49.25	49.25	47.32	0.752 times
10 Thu Oct 2024	48.74	48.25	49.27	47.51	1.286 times
09 Wed Oct 2024	46.99	47.00	49.50	46.55	1.425 times
08 Tue Oct 2024	46.50	45.40	47.19	44.15	0.647 times
07 Mon Oct 2024	44.62	46.66	47.29	44.33	1.147 times
04 Fri Oct 2024	46.67	46.56	48.49	46.50	0.822 times
03 Thu Oct 2024	47.56	46.00	48.52	46.00	1.395 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46.3, but if it comes above 46.3, then a intra day buy could be more profitable.
If you take a sell trade below 46.3, then use 46.3 as stoploss and 45 as target. However if you take a buy trade in stock , then use 46.3 as stoploss and 47.28 as target.

Share price targets for Bharat Road (BRNL)

Target Type	Value
Downside Target	44.15
Downside Target	45.06
Downside Target	46.00
Upside Target	48.47
Upside Target	50.40
Upside Target	51.00
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	44.64
Downside Intraday Target	43.15
Upside Intraday Target	48.05
Upside Intraday Target	49.97
Upside Intraday Target	46.56

Weekly technical analysis of Bharat Road (BRNL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	46.14	47.69	48.47	45.06	0.385 times
11 Fri Oct 2024	47.69	46.66	49.50	44.15	1.27 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

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
16 Wed Oct 2024	46.14	48.15	49.50	44.15	0.43 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 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 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 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.

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 getting stronger in this stock.

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 but BUY signal is weak.

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

Although the stock is in the SELL zone, but selling 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 46.86 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.