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(BRNL) Bharat Road complete technical analysis [charts+indicators] | Buy/Sell Bharat Road | (BRNL) share price targets

Complete technical analysis of Bharat Road (BRNL) by charts plus indicators, forecast predictions and share price targets for Bharat Road (BRNL)

10 day averaged volume of Bharat Road is 557263

Date Daily Closing Price Open High Low Volume
09 Fri Dec 2022 40.25 40.65 42.80 40.00 0.71 times
08 Thu Dec 2022 40.25 37.65 42.25 37.60 1.398 times
07 Wed Dec 2022 37.90 38.15 38.95 37.70 0.167 times
06 Tue Dec 2022 38.50 38.40 39.15 38.15 0.169 times
05 Mon Dec 2022 38.95 39.15 40.00 38.55 0.178 times
02 Fri Dec 2022 39.05 39.50 39.80 38.95 0.073 times
01 Thu Dec 2022 39.35 38.25 40.90 38.25 0.338 times
30 Wed Nov 2022 38.60 38.35 39.30 37.90 0.368 times
29 Tue Nov 2022 37.90 40.70 41.65 37.70 1.132 times
28 Mon Nov 2022 40.80 41.70 43.35 40.30 0.86 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40, but if it comes below 40, then a intra day sell could be more profitable.
If you take a sell trade below 40, then use 40 as stoploss and 37.16 as target. However if you take a buy trade in stock , then use 40 as stoploss and 43.4 as target.

Share price targets for Bharat Road (BRNL)

Target Type Value
Downside Target 31.75
Downside Target 32.85
Downside Target 35.00
Downside Target 36.25
Downside Target 37.50
Downside Target 39.60
Upside Target 41.10
Upside Target 42.80
Upside Target 43.35
Upside Target 44.60

Intraday share price targets for Bharat Road (BRNL)

Target Type Value
Downside Intraday Target 37.63
Downside Intraday Target 35.02
Upside Intraday Target 42.83
Upside Intraday Target 45.42
Downside Intraday Target 40.22

Weekly technical analysis of Bharat Road (BRNL)

Date Weekly Closing Price Open High Low Volume
09 Fri Dec 2022 40.25 39.15 42.80 37.60 0.946 times
02 Fri Dec 2022 39.05 41.70 43.35 37.70 0.271 times
25 Fri Nov 2022 40.45 33.55 44.60 33.30 16.943 times
18 Fri Nov 2022 33.50 35.60 36.25 32.85 0.607 times
11 Fri Nov 2022 35.60 35.45 39.60 35.00 1.669 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 Road (BRNL)

Date Monthly Closing Price Open High Low Volume
09 Fri Dec 2022 40.25 38.25 42.80 37.60 0.206 times
30 Wed Nov 2022 38.60 34.20 44.60 32.85 13.617 times
31 Mon Oct 2022 34.10 34.30 37.50 33.60 0.167 times
30 Fri Sep 2022 34.35 34.55 41.10 33.10 3.261 times

Scroll below to view daily charts

Price has moved up 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 Road (BRNL)

Indicator Name Indicator Value Indicator Signal
ADX 37, 11, 53 Buy
MACD 2, 2Buy
Stochastics 41None
CCI 125Buy
RSI 64Buy
OBV 6121931Sell
VWAP 39Buy
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Bharat Road ( (BRNL) ) 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 Road ( (BRNL) ) 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 Road ( (BRNL) ) 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 Road ( (BRNL) ) 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 Road stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bharat Road in short term and the buy signal is strong.

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

Bharat Road 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Bharat Road 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Bharat Road is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.49 and Bharat Road (BRNL) 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 Road (BRNL) stock. Volume based technical analysis of Bharat Road (BRNL) stock is negative.

Bharat Road Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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