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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 2024-09-20 View latest technical analysis

10 day averaged volume of Bharat Wire is 251311

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	257.20	259.95	265.05	248.00	1.261 times
19 Thu Sep 2024	258.05	271.40	274.10	251.00	1.641 times
18 Wed Sep 2024	268.80	283.00	288.00	266.05	1.582 times
17 Tue Sep 2024	278.55	284.20	285.95	278.05	0.401 times
16 Mon Sep 2024	283.85	287.70	291.95	282.20	0.576 times
13 Fri Sep 2024	287.70	280.10	292.30	279.85	1.295 times
12 Thu Sep 2024	278.65	281.15	285.45	276.00	0.492 times
11 Wed Sep 2024	280.65	288.20	292.35	278.10	0.612 times
10 Tue Sep 2024	284.25	284.60	292.75	283.20	0.655 times
09 Mon Sep 2024	283.30	278.95	290.85	270.40	1.657 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 259.2, for a target of 271.3 or 281.44

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	223.65
Downside Target	235.00
Downside Target	248.00
Downside Target	253.00
Upside Target	261.05
Upside Target	270.40
Upside Target	290.85
Upside Target	292.75
Upside Target	299.00
Upside Target	300.00
Upside Target	300.75

Intraday share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Intraday Target	239.48
Downside Intraday Target	221.77
Upside Intraday Target	283.43
Upside Intraday Target	309.67
Upside Intraday Target	265.72

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	257.20	287.70	291.95	248.00	1.159 times
13 Fri Sep 2024	287.70	278.95	292.75	270.40	0.644 times
06 Fri Sep 2024	278.40	286.00	300.75	276.15	0.552 times
30 Fri Aug 2024	285.75	264.05	299.00	261.05	1.079 times
23 Fri Aug 2024	263.60	227.55	274.90	226.60	6.936 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 Wire (BHARATWIRE)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	257.20	286.00	300.75	248.00	0.517 times
30 Fri Aug 2024	285.75	263.00	299.00	223.65	1.924 times
31 Wed Jul 2024	260.95	258.00	279.40	235.00	0.909 times
28 Fri Jun 2024	257.35	278.00	290.85	228.10	0.915 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 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 Wire ( (BHARATWIRE) ) 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 Wire ( (BHARATWIRE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Bharat Wire stock for short term is SELL. Signal strength is Strong and stock is gaining 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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 273.82 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 positive

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