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Bharat Wire Ropes Limited

BHARATWIRE.NS•NSE
Basic Materials
Steel
₹185.21
₹6.46(3.61%)
Indian Market is Open • 10:08

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

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

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.NS Technical Analysis Summary

Bharat Wire Ropes Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 53.81)
Trend Strength:Weak (ADX: 16.87)
Volatility:Medium (ATR: 7.86)
Support/Resistance:$162.79 – $186.31 (Bollinger Bands)

This mix signals that Bharat Wire Ropes Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 53.81

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 52.70

Neutral
Mid-range signal with no clear trend.

Williams %R: -58.69

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 4.55

Bullish
Steady upward momentum.

Takeaway:Bharat Wire Ropes Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.78

Bullish
Bullish, trend momentum is strengthening.

ADX: 16.87

Weak
Weak trend, market trading sideways.

ATR (14): 7.86

High
High volatility, wide price fluctuations.

CCI (14): 42.10

Bullish
Bullish, momentum building upward.

Takeaway:Bharat Wire Ropes Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$186.31
Middle Band (SMA 20)
$174.55
Lower Band
$162.79
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$192.29
Middle Line (EMA 20)
$176.56
Lower Channel
$160.83
Squeeze Status
Squeeze On

Takeaway:Bharat Wire Ropes Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume7.35M
Money Flow Index93.10Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index44.71Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:BHARATWIRE.NS shows mixed signals in money flow analysis.

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.

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Bharat Wire Ropes Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ