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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)

10 day averaged volume of Bharat Road is 45616

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 42.82 42.11 43.99 42.11 0.543 times
18 Mon Nov 2024 42.25 43.02 43.98 41.60 0.938 times
14 Thu Nov 2024 43.02 42.90 44.51 42.90 0.86 times
13 Wed Nov 2024 43.97 44.28 45.60 43.66 0.765 times
12 Tue Nov 2024 45.41 46.69 46.69 45.23 0.522 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 42.3, for a target of 43.8 or 45.16

Share price targets for Bharat Road (BRNL)

Target Type Value
Downside Target 41.60
Upside Target 44.92
Upside Target 46.00
Upside Target 48.00
Upside Target 48.10
Upside Target 49.50
Upside Target 51.75
Upside Target 53.55
Upside Target 65.35
Upside Target 79.80
Upside Target 97.00

Intraday share price targets for Bharat Road (BRNL)

Target Type Value
Downside Intraday Target 41.62
Downside Intraday Target 40.41
Upside Intraday Target 44.01
Upside Intraday Target 45.19
Downside Intraday Target 42.8

Weekly technical analysis of Bharat Road (BRNL)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 42.82 43.02 43.99 41.60 0.471 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 2.192 times
01 Fri Nov 2024 46.93 46.10 48.10 44.92 0.87 times
30 Wed Oct 2024 45.87 44.30 46.80 43.57 0.419 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Bharat Road (BRNL)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 42.82 46.65 48.10 41.60 0.372 times
31 Thu Oct 2024 45.81 48.15 49.50 42.31 0.885 times
30 Mon Sep 2024 47.03 49.26 51.75 46.00 0.628 times
14 Thu Mar 2024 58.80 74.80 79.80 53.55 0.328 times

Price has moved down 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)

Indicator Name Indicator Value Indicator Signal
ADX 6, 28, 65 Sell
MACD -3, -3Sell
Stochastics 11Sell
CCI -103Buy
RSI 50Buy
OBV -107081Sell
VWAP 45Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Bharat Road ( (BRNL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bharat Road ( (BRNL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bharat Road ( (BRNL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bharat Road ( (BRNL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Bharat Road stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Bharat Road in short term and the sell signal is strong.

Bharat Road Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Bharat Road in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 45.07 and Bharat Road (BRNL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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