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

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

10 day averaged volume of Bharat Rasayan is 1888

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	9408.95	9316.50	9575.95	9288.35	0.682 times
07 Tue May 2024	9311.40	9499.00	9499.00	9151.00	0.808 times
06 Mon May 2024	9411.45	9366.05	9594.80	9366.05	0.342 times
03 Fri May 2024	9446.90	9465.00	9798.00	9366.30	1.028 times
02 Thu May 2024	9543.05	9778.00	9799.95	9500.00	1.049 times
30 Tue Apr 2024	9641.45	9800.00	10126.25	9550.00	2.653 times
29 Mon Apr 2024	9775.35	9592.30	9862.35	9520.00	0.864 times
26 Fri Apr 2024	9583.10	9614.30	9667.95	9520.00	0.231 times
25 Thu Apr 2024	9612.25	9820.00	9820.00	9600.00	0.474 times
24 Wed Apr 2024	9759.85	9650.00	9899.95	9511.55	1.651 times

My analysis of stock is bearish for shortterm, and stock might move down till 9165.1 or till 8854.3. Use a stoploss of 9424.11 and if the stock hits stoploss, then it can shoot up till 9683.09

Share price targets for Bharat Rasayan (BHARATRAS)

Target Type	Value
Downside Target	8332.75
Downside Target	8511.00
Downside Target	8747.00
Downside Target	8960.00
Upside Target	9594.80
Upside Target	9690.00
Upside Target	9700.10
Upside Target	9799.95
Upside Target	9899.95
Upside Target	10073.00
Upside Target	10126.25

Intraday share price targets for Bharat Rasayan (BHARATRAS)

Target Type	Value
Downside Intraday Target	9175.03
Downside Intraday Target	8941.12
Upside Intraday Target	9618.83
Upside Intraday Target	9828.72
Downside Intraday Target	9384.92

Weekly technical analysis of Bharat Rasayan (BHARATRAS)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	9408.95	9366.05	9594.80	9151.00	0.327 times
03 Fri May 2024	9446.90	9592.30	10126.25	9366.30	1.42 times
26 Fri Apr 2024	9583.10	9597.05	9899.95	9442.55	0.895 times
19 Fri Apr 2024	9525.60	9090.25	9700.10	9090.25	0.762 times
12 Fri Apr 2024	9325.05	9008.95	9690.00	8747.00	2.489 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 Rasayan (BHARATRAS)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed May 2024	9408.95	9778.00	9799.95	9151.00	0.196 times
30 Tue Apr 2024	9641.45	8580.35	10126.25	8511.00	1.671 times
28 Thu Mar 2024	8480.35	9000.00	9499.00	8332.75	0.664 times
29 Thu Feb 2024	8972.80	9098.40	9188.95	8751.00	0.626 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 Rasayan (BHARATRAS)

Price action analysis of Bharat Rasayan ( (BHARATRAS) ) 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 Rasayan ( (BHARATRAS) ) based on a short to mid 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 Rasayan ( (BHARATRAS) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

MACD generated a SELL signal for Bharat Rasayan in short term but the sell signal is initial and weak.

Bharat Rasayan Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Bharat Rasayan in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Rasayan is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 9587.96 and Bharat Rasayan (BHARATRAS) 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 Rasayan (BHARATRAS) stock. Volume based technical analysis of Bharat Rasayan (BHARATRAS) stock is negative.

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

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