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

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

Showing technical analysis as on 2024-04-30 View latest technical analysis

10 day averaged volume of Bharat Wire is 278872

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	301.25	320.00	330.55	299.10	4.768 times
29 Mon Apr 2024	314.85	312.00	317.70	307.55	0.719 times
26 Fri Apr 2024	308.10	309.90	315.45	304.00	0.536 times
25 Thu Apr 2024	305.95	304.85	311.00	302.80	0.511 times
24 Wed Apr 2024	300.95	302.70	308.30	300.00	0.34 times
23 Tue Apr 2024	302.05	308.75	312.60	298.00	0.62 times
22 Mon Apr 2024	304.45	292.55	305.15	292.55	0.274 times
18 Thu Jan 2024	371.20	371.00	375.75	360.90	1.156 times
17 Wed Jan 2024	371.65	385.00	385.00	367.10	1.662 times
16 Tue Jan 2024	391.05	396.00	399.70	378.25	2.061 times

Stock of Bharat Wire (BHARATWIRE) has showed a significant fall. This could be a good time to exit from this stock.

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 298.2 as stoploss in an intra day buy trade for a target of 335.62. However, stock will show a bearish move below 298.2.

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	231.55
Downside Target	253.80
Downside Target	281.00
Downside Target	292.55
Upside Target	315.45
Upside Target	330.55
Upside Target	343.45
Upside Target	360.90
Upside Target	399.70
Upside Target	400.60

Intraday share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Intraday Target	290.05
Downside Intraday Target	278.85
Upside Intraday Target	321.5
Upside Intraday Target	341.75
Upside Intraday Target	310.3

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	301.25	312.00	330.55	299.10	2.405 times
26 Fri Apr 2024	308.10	292.55	315.45	292.55	0.326 times
18 Thu Jan 2024	371.20	393.95	399.70	360.90	0.218 times
12 Fri Jan 2024	395.15	309.75	400.60	303.25	6.078 times
05 Fri Jan 2024	308.85	309.00	321.00	300.00	1.098 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bharat Wire (BHARATWIRE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	301.25	292.55	330.55	292.55	0.175 times
18 Thu Jan 2024	371.20	309.00	400.60	300.00	1.213 times
29 Fri Dec 2023	309.00	283.00	343.45	281.00	1.35 times
30 Thu Nov 2023	283.50	255.25	301.90	253.80	0.87 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 Wire (BHARATWIRE)

Price action analysis of Bharat Wire ( (BHARATWIRE) ) based on a short 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.

Price action analysis of Bharat Wire ( (BHARATWIRE) ) 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 Wire ( (BHARATWIRE) ) based on a short to mid 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.

Price action analysis of Bharat Wire ( (BHARATWIRE) ) 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 Wire stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Bharat Wire 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 Wire 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 positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 332.88 and Bharat Wire (BHARATWIRE) 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 Wire (BHARATWIRE) stock. Volume based technical analysis of Bharat Wire (BHARATWIRE) stock is negative.

Bharat Wire 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.