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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: 229.15
  • 12Day Average: 222.29
  • 20Day Average: 226.55
  • 50Day Average: 242.97
  • 100Day Average: 253.91
  • 150Day Average: 258.93
  • 200Day Average: 273.27

BHARATWIRE Indicators & signals

Indicator MACD (12,26,9)

227.23, 231.12, -6.72
Indicator MACD is in negative zone

Indicator ADX (14)

13.5, 24.78, 18.88
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 59
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
02 Mon Dec 2024 233.51 231.25 to 238.00 -0.44% 0.79 times
29 Fri Nov 2024 234.54 231.64 to 239.39 -0.48% 0.77 times
28 Thu Nov 2024 235.68 224.05 to 244.69 5.58% 2.92 times
27 Wed Nov 2024 223.22 219.69 to 224.00 2.03% 1.29 times
26 Tue Nov 2024 218.78 218.00 to 222.90 -0.63% 0.61 times
25 Mon Nov 2024 220.16 218.26 to 224.00 0.28% 0.73 times
22 Fri Nov 2024 219.55 216.43 to 223.39 0.57% 0.68 times
21 Thu Nov 2024 218.31 214.48 to 222.06 -2.05% 1.02 times
19 Tue Nov 2024 222.88 215.46 to 226.00 4.29% 1.03 times
18 Mon Nov 2024 213.72 210.00 to 215.26 -0.01% 0.43 times
14 Thu Nov 2024 213.74 210.21 to 219.55 0.16% 0.52 times
13 Wed Nov 2024 213.39 212.42 to 226.75 -4.49% 1.03 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, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 237.7 as stoploss in an intra day sell trade for a target of 228.87. However, stock will show a bullish move above 237.7.

More indepth analysis on MunafaSutra.com