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Stock analysis Bharat Wire Ropes Ltd. BHARATWIRE

More indepth analysis on MunafaSutra.com

Moving Averages for Bharat Wire Ropes Ltd.

  • 5Day Average: 272.84
  • 12Day Average: 269.07
  • 20Day Average: 272.49
  • 50Day Average: 297.06
  • 100Day Average: 292.96
  • 150Day Average: 277.78
  • 200Day Average: 255.67

BHARATWIRE Indicators & signals

Indicator MACD (12,26,9)

271.08, 276.31, -7.31
Indicator MACD is in negative zone

Indicator ADX (14)

29.41, 18.61, 34.12
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

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
13 Thu Jun 2024 275.10 269.60 to 276.55 1.14% 0.58 times
12 Wed Jun 2024 272.00 268.30 to 277.95 -1.66% 0.59 times
11 Tue Jun 2024 276.60 232.35 to 279.80 1.58% 3.02 times
10 Mon Jun 2024 272.30 268.40 to 275.00 1.53% 0.46 times
07 Fri Jun 2024 268.20 264.30 to 271.00 1.4% 0.53 times
06 Thu Jun 2024 264.50 252.00 to 270.50 8.18% 0.82 times
05 Wed Jun 2024 244.50 229.00 to 252.10 1.18% 0.85 times
04 Tue Jun 2024 241.65 228.10 to 280.15 -14.61% 1.94 times
03 Mon Jun 2024 283.00 276.95 to 290.85 3.45% 1.12 times
31 Fri May 2024 273.55 272.10 to 280.10 -1.08% 0.24 times
30 Thu May 2024 276.55 275.40 to 287.00 -1.53% 0.44 times
29 Wed May 2024 280.85 277.70 to 284.55 -0.44% 0.21 times

Technical analysis forecast of Bharat Wire Ropes Ltd. Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Bharat Wire Ropes Ltd. BHARATWIRE at this time. Stock is rising and might rise more.

It appears as if Bharat Wire Ropes Ltd. BHARATWIRE gave a large move recently.

Stock of Bharat Wire Ropes Ltd. (BHARATWIRE) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Bharat Wire Ropes Ltd. is bullish for shortterm, and stock might move up till 285.6 or till 300. Use a stoploss of 273.61 and if this stock hits its stoploss, then it can fall down till 261.61

More indepth analysis on MunafaSutra.com