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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 1100637

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	300.95	302.70	308.30	300.00	0.086 times
23 Tue Apr 2024	302.05	308.75	312.60	298.00	0.157 times
22 Mon Apr 2024	304.45	292.55	305.15	292.55	0.069 times
18 Thu Jan 2024	371.20	371.00	375.75	360.90	0.293 times
17 Wed Jan 2024	371.65	385.00	385.00	367.10	0.421 times
16 Tue Jan 2024	391.05	396.00	399.70	378.25	0.522 times
15 Mon Jan 2024	396.00	393.95	399.15	383.00	0.537 times
12 Fri Jan 2024	395.15	390.80	400.60	383.30	0.605 times
11 Thu Jan 2024	386.90	384.00	389.95	375.70	2.523 times
10 Wed Jan 2024	382.95	339.00	387.00	334.05	2.755 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 299.6 as stoploss in an intra day buy trade for a target of 336.44. However, stock will show a bearish move below 299.6.

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	312.60
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	291.47
Downside Intraday Target	281.98
Upside Intraday Target	311.52
Upside Intraday Target	322.08
Upside Intraday Target	302.03

Weekly technical analysis of Bharat Wire (BHARATWIRE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	300.95	292.55	312.60	292.55	0.176 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
24 Wed Apr 2024	300.95	292.55	312.60	292.55	0.028 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 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 Strong 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 382.34 and Bharat Wire (BHARATWIRE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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.