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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)

Showing technical analysis as on 2024-12-06 View latest technical analysis

10 day averaged volume of Bharat Road is 39434

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	48.16	46.99	49.50	46.22	5.354 times
05 Thu Dec 2024	45.61	46.95	46.95	45.50	0.663 times
04 Wed Dec 2024	46.25	46.47	46.90	45.00	1.122 times
03 Tue Dec 2024	45.88	45.69	46.40	45.11	1.101 times
02 Mon Dec 2024	45.16	44.87	45.79	44.20	0.692 times
29 Fri Nov 2024	44.88	45.89	46.50	44.39	0.845 times
28 Thu Nov 2024	45.05	44.74	45.98	43.88	1.495 times
27 Wed Nov 2024	43.87	43.20	44.00	43.03	1.285 times
26 Tue Nov 2024	43.42	43.36	44.50	42.42	1.035 times
25 Mon Nov 2024	43.35	41.44	43.50	41.44	1.044 times

Stock of Bharat Road (BRNL) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 48.2, for a target of 46.2 or 44.54

Share price targets for Bharat Road (BRNL)

Target Type	Value
Downside Target	41.00
Downside Target	42.31
Downside Target	43.99
Downside Target	46.00
Downside Target	48.00
Downside Target	48.10
Upside Target	49.50
Upside Target	51.75
Upside Target	53.55
Upside Target	79.80

Intraday share price targets for Bharat Road (BRNL)

Target Type	Value
Downside Intraday Target	45.07
Downside Intraday Target	41.99
Upside Intraday Target	50.37
Upside Intraday Target	52.59
Downside Intraday Target	47.29

Weekly technical analysis of Bharat Road (BRNL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	48.16	44.87	49.50	44.20	1.566 times
29 Fri Nov 2024	44.88	41.44	46.50	41.44	1.932 times
22 Fri Nov 2024	41.44	43.02	43.99	41.00	0.812 times
14 Thu Nov 2024	43.02	46.93	46.93	42.90	0.495 times
08 Fri Nov 2024	46.22	47.65	48.00	44.96	1.265 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bharat Road (BRNL)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	48.16	44.87	49.50	44.20	0.446 times
29 Fri Nov 2024	44.88	46.65	48.10	41.00	0.593 times
31 Thu Oct 2024	45.81	48.15	49.50	42.31	0.85 times
30 Mon Sep 2024	47.03	49.26	51.75	46.00	0.628 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)

Price action analysis of Bharat Road ( (BRNL) ) based on a short 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 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 neutral. A longer time frame might give a better analysis.

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 but the buy signal is initial and weak.

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

Bharat Road Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 46.02 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 rising upwards.

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 is giving positive 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.