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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)

10 day averaged volume of Bharat Wire is 588101

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	308.10	309.90	315.45	304.00	0.254 times
25 Thu Apr 2024	305.95	304.85	311.00	302.80	0.243 times
24 Wed Apr 2024	300.95	302.70	308.30	300.00	0.161 times
23 Tue Apr 2024	302.05	308.75	312.60	298.00	0.294 times
22 Mon Apr 2024	304.45	292.55	305.15	292.55	0.13 times
18 Thu Jan 2024	371.20	371.00	375.75	360.90	0.548 times
17 Wed Jan 2024	371.65	385.00	385.00	367.10	0.788 times
16 Tue Jan 2024	391.05	396.00	399.70	378.25	0.977 times
15 Mon Jan 2024	396.00	393.95	399.15	383.00	1.006 times
12 Fri Jan 2024	395.15	390.80	400.60	383.30	1.132 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 298.2 as stoploss in an intra day buy trade for a target of 335.6. However, stock will show a bearish move below 298.2.

Share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Target	231.55
Downside Target	253.80
Downside Target	281.00
Downside Target	292.55
Upside Target	315.45
Upside Target	321.00
Upside Target	332.75
Upside Target	343.45
Upside Target	360.90
Upside Target	399.70
Upside Target	400.60

Intraday share price targets for Bharat Wire (BHARATWIRE)

Target Type	Value
Downside Intraday Target	295.28
Downside Intraday Target	282.47
Upside Intraday Target	318.18
Upside Intraday Target	328.27
Downside Intraday Target	305.37

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	308.10	292.55	315.45	292.55	0.326 times
18 Thu Jan 2024	371.20	393.95	399.70	360.90	0.218 times
12 Fri Jan 2024	395.15	309.75	400.60	303.25	6.078 times
05 Fri Jan 2024	308.85	309.00	321.00	300.00	1.098 times
29 Fri Dec 2023	309.00	316.95	332.75	302.35	0.486 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
26 Fri Apr 2024	308.10	292.55	315.45	292.55	0.051 times
18 Thu Jan 2024	371.20	309.00	400.60	300.00	1.213 times
29 Fri Dec 2023	309.00	283.00	343.45	281.00	1.35 times
30 Thu Nov 2023	283.50	255.25	301.90	253.80	0.87 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 Weak and stock is losing momentum.

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

Bharat Wire Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 371.13 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.