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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 2024-10-31 View latest technical analysis

10 day averaged volume of Bharat Wire is 160405

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	238.05	241.80	241.80	235.60	0.543 times
30 Wed Oct 2024	237.45	229.50	239.95	227.60	1.108 times
29 Tue Oct 2024	228.05	225.20	228.95	217.95	1.346 times
28 Mon Oct 2024	229.25	234.00	242.00	224.00	1.2 times
25 Fri Oct 2024	234.95	236.50	241.95	227.00	0.947 times
24 Thu Oct 2024	236.50	238.45	240.10	235.00	0.362 times
23 Wed Oct 2024	238.45	234.50	245.15	230.25	1.078 times
22 Tue Oct 2024	230.65	248.00	250.40	225.00	1.364 times
21 Mon Oct 2024	246.80	251.75	254.50	244.35	0.942 times
18 Fri Oct 2024	248.95	250.30	257.00	245.40	1.036 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 235 as stoploss in an intra day buy trade for a target of 249.46. However, stock will show a bearish move below 235.

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	217.95
Downside Target	223.65
Downside 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	223.33
Downside Intraday Target	208.62
Upside Intraday Target	247.38
Upside Intraday Target	256.72
Downside Intraday Target	232.67

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	238.05	234.00	242.00	217.95	0.894 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 up 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
31 Thu Oct 2024	238.05	277.70	282.00	217.95	0.573 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bharat Wire Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bharat Wire in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 236.21 and Bharat Wire (BHARATWIRE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.