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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 2024-12-17 View latest technical analysis

10 day averaged volume of Bharat Wire is 87038

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	226.72	231.00	232.74	226.00	0.84 times
16 Mon Dec 2024	230.87	236.45	238.30	229.99	0.996 times
13 Fri Dec 2024	234.80	236.00	241.10	231.41	0.805 times
12 Thu Dec 2024	238.42	243.95	244.16	236.21	0.693 times
11 Wed Dec 2024	243.94	236.90	245.00	236.90	1.606 times
10 Tue Dec 2024	236.77	238.00	239.76	234.98	0.671 times
09 Mon Dec 2024	237.63	239.70	241.02	236.01	0.745 times
06 Fri Dec 2024	238.00	237.80	239.35	235.65	0.607 times
05 Thu Dec 2024	236.07	236.83	243.12	234.01	2.485 times
04 Wed Dec 2024	234.22	235.70	238.00	232.55	0.693 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 223.4 as stoploss in an intra day buy trade for a target of 230.99. However, stock will show a bearish move below 223.4.

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	210.00
Downside Target	217.95
Downside Target	223.65
Upside Target	231.25
Upside Target	238.30
Upside Target	243.12
Upside Target	245.00
Upside Target	246.80
Upside Target	248.00
Upside Target	282.00
Upside Target	299.00
Upside Target	300.75

Intraday share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Intraday Target	222.38
Downside Intraday Target	218.04
Upside Intraday Target	234.68
Upside Intraday Target	242.64
Upside Intraday Target	230.34

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	226.72	236.45	238.30	226.00	0.406 times
13 Fri Dec 2024	234.80	239.70	245.00	231.41	0.767 times
06 Fri Dec 2024	238.00	232.32	243.12	231.25	0.522 times
29 Fri Nov 2024	234.54	220.35	244.69	218.00	1.997 times
22 Fri Nov 2024	219.55	212.00	226.00	210.00	0.958 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
17 Tue Dec 2024	226.72	232.32	245.00	226.00	0.375 times
29 Fri Nov 2024	234.54	240.59	246.80	210.00	0.828 times
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

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Weak 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 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 236.24 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.