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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 2024-10-18 View latest technical analysis

10 day averaged volume of Bharat Wire is 153643

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	248.95	250.30	257.00	245.40	1.082 times
17 Thu Oct 2024	250.80	257.40	258.15	249.75	0.643 times
16 Wed Oct 2024	256.60	261.90	264.70	254.80	1.331 times
15 Tue Oct 2024	261.60	265.20	266.90	258.55	1.262 times
14 Mon Oct 2024	264.95	273.75	276.10	260.60	1.173 times
11 Fri Oct 2024	272.80	266.90	276.90	264.05	1.372 times
10 Thu Oct 2024	267.50	275.50	277.40	265.10	0.547 times
09 Wed Oct 2024	274.05	264.45	276.95	260.05	1.482 times
08 Tue Oct 2024	259.20	251.80	262.80	248.20	0.62 times
07 Mon Oct 2024	250.35	265.90	265.90	245.60	0.775 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 254.1, but if it comes above 254.1, then a intra day buy could be more profitable.
If you take a sell trade below 254.1, then use 254.1 as stoploss and 244.6 as target. However if you take a buy trade in stock , then use 254.1 as stoploss and 261.97 as target.

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	223.65
Downside Target	235.00
Downside Target	245.40
Upside Target	253.20
Upside Target	259.70
Upside Target	274.30
Upside Target	279.40
Upside Target	282.00
Upside Target	282.95
Upside Target	290.85
Upside Target	291.95
Upside Target	299.00
Upside Target	300.75

Intraday share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Intraday Target	237.53
Downside Intraday Target	226.12
Upside Intraday Target	268.23
Upside Intraday Target	287.52
Upside Intraday Target	256.82

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	248.95	273.75	276.10	245.40	1.145 times
11 Fri Oct 2024	272.80	265.90	277.40	245.60	0.749 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

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
18 Fri Oct 2024	248.95	277.70	282.00	245.40	0.335 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 to mid 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 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 SELL. Signal strength is Strong and stock is gaining 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 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 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 261.94 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.