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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 2024-10-31 View latest technical analysis

10 day averaged volume of Bharat Road is 59740

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	45.81	46.78	46.78	44.92	1.025 times
30 Wed Oct 2024	45.87	46.10	46.80	45.43	0.921 times
29 Tue Oct 2024	45.17	45.88	46.00	45.00	0.478 times
28 Mon Oct 2024	45.32	44.30	45.90	43.57	1.144 times
25 Fri Oct 2024	43.39	46.79	46.88	42.31	2.143 times
24 Thu Oct 2024	46.04	44.68	47.30	44.68	1.438 times
23 Wed Oct 2024	44.67	43.95	46.95	43.10	1.104 times
22 Tue Oct 2024	43.05	46.70	46.70	42.90	0.877 times
21 Mon Oct 2024	45.69	47.30	47.30	45.48	0.503 times
18 Fri Oct 2024	45.86	46.07	46.57	44.60	0.883 times

My analysis of stock is bearish for shortterm, and stock might move down till 44.6 or till 43. Use a stoploss of 45.85 and if the stock hits stoploss, then it can shoot up till 47.13

Share price targets for Bharat Road (BRNL)

Target Type	Value
Downside Target	42.31
Downside Target	43.57
Upside Target	46.00
Upside Target	48.47
Upside Target	49.50
Upside Target	50.40
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	43.99
Downside Intraday Target	42.16
Upside Intraday Target	47.22
Upside Intraday Target	48.62
Downside Intraday Target	45.39

Weekly technical analysis of Bharat Road (BRNL)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	45.81	44.30	46.80	43.57	0.588 times
25 Fri Oct 2024	43.39	47.30	47.30	42.31	1.716 times
18 Fri Oct 2024	45.86	47.69	48.47	44.60	0.635 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

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
31 Thu Oct 2024	45.81	48.15	49.50	42.31	0.85 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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. Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Bharat Road in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 44.92 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 rising upwards.

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.