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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 2024-10-08 View latest technical analysis

10 day averaged volume of Bharat Wire is 216179

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	259.20	251.80	262.80	248.20	0.441 times
07 Mon Oct 2024	250.35	265.90	265.90	245.60	0.551 times
04 Fri Oct 2024	262.25	264.65	267.60	259.70	0.565 times
03 Thu Oct 2024	268.65	266.15	272.80	265.00	0.631 times
01 Tue Oct 2024	273.05	277.70	282.00	271.50	0.803 times
30 Mon Sep 2024	276.70	262.25	282.95	259.70	2.553 times
27 Fri Sep 2024	262.60	255.80	274.30	253.85	2.383 times
26 Thu Sep 2024	255.80	258.50	260.45	253.20	0.535 times
25 Wed Sep 2024	258.25	260.10	263.50	256.00	0.671 times
24 Tue Sep 2024	258.25	264.00	264.00	256.40	0.596 times

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 257 as stoploss in an intra day buy trade for a target of 268.13. However, stock will show a bearish move below 257.

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	223.65
Downside Target	235.00
Downside Target	245.60
Downside Target	253.20
Upside Target	259.70
Upside Target	265.90
Upside Target	282.00
Upside Target	282.95
Upside Target	290.85
Upside Target	291.95
Upside Target	292.75
Upside Target	299.00
Upside Target	300.75

Intraday share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Intraday Target	247.9
Downside Intraday Target	236.6
Upside Intraday Target	268.2
Upside Intraday Target	277.2
Downside Intraday Target	256.9

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	259.20	265.90	265.90	245.60	0.218 times
04 Fri Oct 2024	262.25	262.25	282.95	259.70	0.93 times
27 Fri Sep 2024	262.60	259.00	274.30	253.20	0.771 times
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

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
08 Tue Oct 2024	259.20	277.70	282.00	245.60	0.108 times
30 Mon Sep 2024	276.70	286.00	300.75	248.00	0.706 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

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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 losing momentum.

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

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 moving up

CCI has generated a buy signal for Bharat Wire in short term but BUY 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 Wire is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 265.75 and Bharat Wire (BHARATWIRE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.