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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: 254.5
  • 12Day Average: 251.24
  • 20Day Average: 256.24
  • 50Day Average: 265.23
  • 100Day Average: 289.18
  • 150Day Average: 283.52
  • 200Day Average: 267.92

BHARATWIRE Indicators & signals

Indicator MACD (12,26,9)

254.1, 258.04, -5.29
Indicator MACD is in negative zone

Indicator ADX (14)

7.07, 17.26, 19.89
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
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
26 Fri Jul 2024 259.10 255.25 to 262.55 0.7% 0.64 times
25 Thu Jul 2024 257.30 250.00 to 261.00 2.1% 0.91 times
24 Wed Jul 2024 252.00 248.30 to 255.50 -0.02% 0.49 times
23 Tue Jul 2024 252.05 241.95 to 254.90 0% 1.31 times
23 Tue Jul 2024 252.05 241.95 to 254.90 2.67% 1.31 times
22 Mon Jul 2024 245.50 235.00 to 247.40 1.61% 1.55 times
19 Fri Jul 2024 241.60 240.60 to 251.95 -4.11% 0.63 times
18 Thu Jul 2024 251.95 248.00 to 255.25 -1% 0.69 times
16 Tue Jul 2024 254.50 246.40 to 256.95 3.04% 1.48 times
15 Mon Jul 2024 247.00 246.00 to 252.75 -1.2% 0.61 times
12 Fri Jul 2024 250.00 247.60 to 256.50 -0.73% 1.02 times
11 Thu Jul 2024 251.85 251.45 to 259.50 0.04% 1.21 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 264.4 or till 274.3. Use a stoploss of 256.13 and if this stock hits its stoploss, then it can fall down till 247.85

More indepth analysis on MunafaSutra.com