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(BhaskarAgro) Bhaskar Agro complete technical analysis [charts+indicators] | Buy/Sell Bhaskar Agro | (BhaskarAgro) share price targets

Complete technical analysis of Bhaskar Agro (BhaskarAgro) by charts plus indicators, forecast predictions and share price targets for Bhaskar Agro (BhaskarAgro)

10 day averaged volume of Bhaskar Agro is 503

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 60.95 63.00 63.00 60.75 1.382 times
15 Wed May 2024 60.11 58.55 62.80 58.55 1.068 times
14 Tue May 2024 58.46 60.00 63.75 58.35 1.416 times
13 Mon May 2024 58.31 59.76 60.00 57.91 0.332 times
10 Fri May 2024 59.76 67.00 67.00 58.80 0.543 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 59.9 as stoploss in an intra day buy trade for a target of 62.83. However, stock will show a bearish move below 59.9.

Share price targets for Bhaskar Agro (BhaskarAgro)

Target Type Value
Downside Target 51.51
Downside Target 54.54
Downside Target 56.41
Downside Target 57.91
Downside Target 60.55
Upside Target 62.70
Upside Target 67.00
Upside Target 67.98
Upside Target 68.85
Upside Target 71.40
Upside Target 76.25
Upside Target 78.07

Intraday share price targets for Bhaskar Agro (BhaskarAgro)

Target Type Value
Downside Intraday Target 57.99
Downside Intraday Target 55.03
Upside Intraday Target 63.83
Upside Intraday Target 66.71
Downside Intraday Target 60.87

Weekly technical analysis of Bhaskar Agro (BhaskarAgro)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 60.95 59.76 63.75 57.91 0.864 times
10 Fri May 2024 59.76 61.25 67.00 58.00 1.314 times
03 Fri May 2024 62.50 65.53 67.98 60.55 0.566 times
26 Fri Apr 2024 65.53 63.98 71.40 63.05 0.471 times
19 Fri Apr 2024 64.00 68.85 68.85 58.99 1.133 times

Price has moved up 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 Bhaskar Agro (BhaskarAgro)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 60.95 60.55 67.00 57.91 0.27 times
30 Tue Apr 2024 64.57 57.23 71.40 56.41 1.359 times
28 Thu Mar 2024 59.00 69.00 76.25 55.00 0.25 times
29 Thu Feb 2024 71.95 57.00 78.07 54.54 1.122 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 Bhaskar Agro (BhaskarAgro)

Indicator Name Indicator Value Indicator Signal
ADX 22, 13, 26 Buy
MACD -2, -1Sell
Stochastics 21Sell
CCI 10Buy
RSI 44Sell
OBV -3279Sell
VWAP 61Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Bhaskar Agro ( (BhaskarAgro) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Bhaskar Agro ( (BhaskarAgro) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Bhaskar Agro ( (BhaskarAgro) ) 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 Bhaskar Agro ( (BhaskarAgro) ) 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 Bhaskar Agro stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Bhaskar Agro in short term and the sell signal is strong.

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

Bhaskar Agro 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 Bhaskar Agro in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bhaskar Agro is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 61.23 and Bhaskar Agro (BhaskarAgro) 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 Bhaskar Agro (BhaskarAgro) stock. Volume based technical analysis of Bhaskar Agro (BhaskarAgro) stock is negative.

Bhaskar Agro 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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