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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 2024-10-29 View latest technical analysis

10 day averaged volume of Bharat Wire is 160871

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	228.05	225.20	228.95	217.95	1.342 times
28 Mon Oct 2024	229.25	234.00	242.00	224.00	1.196 times
25 Fri Oct 2024	234.95	236.50	241.95	227.00	0.944 times
24 Thu Oct 2024	236.50	238.45	240.10	235.00	0.361 times
23 Wed Oct 2024	238.45	234.50	245.15	230.25	1.075 times
22 Tue Oct 2024	230.65	248.00	250.40	225.00	1.36 times
21 Mon Oct 2024	246.80	251.75	254.50	244.35	0.939 times
18 Fri Oct 2024	248.95	250.30	257.00	245.40	1.033 times
17 Thu Oct 2024	250.80	257.40	258.15	249.75	0.614 times
16 Wed Oct 2024	256.60	261.90	264.70	254.80	1.271 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 237.6, but if it comes above 237.6, then a intra day buy could be more profitable.
If you take a sell trade below 237.6, then use 237.6 as stoploss and 219.4 as target. However if you take a buy trade in stock , then use 237.6 as stoploss and 252.77 as target.

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	217.95
Downside Target	223.65
Upside Target	235.00
Upside Target	242.00
Upside Target	254.50
Upside Target	259.70
Upside Target	276.10
Upside Target	279.40
Upside Target	282.00
Upside Target	282.95
Upside Target	290.85
Upside Target	299.00
Upside Target	300.75

Intraday share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Intraday Target	216.67
Downside Intraday Target	205.28
Upside Intraday Target	240.72
Upside Intraday Target	253.38
Upside Intraday Target	229.33

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	228.05	234.00	242.00	217.95	0.542 times
25 Fri Oct 2024	234.95	251.75	254.50	225.00	0.892 times
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

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
29 Tue Oct 2024	228.05	277.70	282.00	217.95	0.529 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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

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 239.41 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.