Stock analysis Bharat Wire Ropes Ltd. BHARATWIRE
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Recent prices of BHARATWIRE Bharat Wire Ropes Ltd. are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
19 Tue Nov 2024 | 222.88 | 215.46 to 226.00 | 4.29% | 1.14 times |
18 Mon Nov 2024 | 213.72 | 210.00 to 215.26 | -0.01% | 0.48 times |
14 Thu Nov 2024 | 213.74 | 210.21 to 219.55 | 0.16% | 0.58 times |
13 Wed Nov 2024 | 213.39 | 212.42 to 226.75 | -4.49% | 1.13 times |
12 Tue Nov 2024 | 223.43 | 220.00 to 233.00 | -1.82% | 1.39 times |
11 Mon Nov 2024 | 227.58 | 226.35 to 232.78 | -1.97% | 0.53 times |
08 Fri Nov 2024 | 232.15 | 231.00 to 242.95 | -4.06% | 0.61 times |
07 Thu Nov 2024 | 241.97 | 237.00 to 244.15 | 1.93% | 0.82 times |
06 Wed Nov 2024 | 237.38 | 232.00 to 241.80 | 3.8% | 2.49 times |
05 Tue Nov 2024 | 228.70 | 226.70 to 233.78 | -1.27% | 0.73 times |
04 Mon Nov 2024 | 231.65 | 230.25 to 246.80 | -3.72% | 1.23 times |
01 Fri Nov 2024 | 240.60 | 238.05 to 242.00 | 1.07% | 0.16 times |
Technical analysis forecast for Bharat Wire Ropes Ltd. Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Bharat Wire Ropes Ltd. BHARATWIRE at this time. Stock is falling and might fall more.
It appears as if Bharat Wire Ropes Ltd. BHARATWIRE gave a large move recently.
Stock of Bharat Wire Ropes Ltd. (BHARATWIRE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Bharat Wire Ropes Ltd. is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 222.6 as stoploss in an intra day buy trade for a target of 231.23. However, stock will show a bearish move below 222.6.