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Bharat Wire Ropes Limited

BHARATWIRE.BO•BSE
Basic Materials
Steel
₹236.70
₹-6.35(-2.61%)
Indian Market opens in 11h 27m

Bharat Wire Ropes Limited (BHARATWIRE.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Bharat Wire Ropes Limited (BSE:BHARATWIRE.BO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BHARATWIRE.BO Technical Analysis Summary

Bharat Wire Ropes Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 68.12)
Trend Strength:Very Strong (ADX: 40.29)
Volatility:Medium (ATR: 11.47)
Support/Resistance:$153.66 – $262.93 (Bollinger Bands)

Technical conditions suggest Bharat Wire Ropes Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 68.12

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 84.14

Bearish
Overbought levels may trigger pullback.

Williams %R: -21.17

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 30.04

Strongly Bullish
Strong upside momentum.

Takeaway:Bharat Wire Ropes Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 16.96

Bullish
Bullish, trend momentum is strengthening.

ADX: 40.29

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 11.47

Rising
Rising volatility, market activity increasing.

CCI (14): 106.48

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Bharat Wire Ropes Limited shows overheated trend conditions, with risk of sharp pullback.

Support & Resistance indicators
Bollinger Bands
Upper Band
$262.93
Middle Band (SMA 20)
$208.29
Lower Band
$153.66
Current Position
Within Bands

Takeaway:Bharat Wire Ropes Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$235.30
Middle Line (EMA 20)
$212.36
Lower Channel
$189.42
Squeeze Status
No Squeeze

Takeaway:Bharat Wire Ropes Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume1.81M
Money Flow Index89.82Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index52.31Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:BHARATWIRE.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Bharat Wire Ropes Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Bharat Wire Ropes Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

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