BHARATWIRE#BHARATWIRE
Daily Chart
Stock is trading near good support zone
Bookmark it Can go up till 344
Hold it for long term
BHARATWIRE trade ideas
Bharat Wire Ropes LTD - Good breakout is observedHere i have not used any indicators & simply following price action. However its just a prediction. Thus the long term target comes out to be somewhat near between 400-450 from CMP.
PS- This stock has been chosen for only an ideal case study. The stock may or may not perform as predicted or described.
Bharat Wire ROCE
16.2 %
ROE
50.5 %
Bharat Wire Ropes Limited is engaged in the business of manufacturing Steel Wire, Wire Ropes, Strands and Slings.
Long Opinion Chart is self explanatory
Beautiful triangle 🔺️ breakout with increased volume assurances.......
Candle spread this huge ensures big player involvement..
Technofundamentally 💪.......
Good buy 😄
Not a tip or call..... Do as per your research.....
Lemme know your opinion... I'll be honored to know them
Triangle Pattern Breakout - BHARATWIREPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
Breakout This stock has given a strong breakout from the symmetrical triangle pattern or bullish pennant breakout. Looks promising for upside. Not a buying selling recommendation. For educational purposes only
A perfect Cup & Hnadle pattern breakout in BharatWireThe stock has given a breakout with very good volumes and is very close to its all-time high.
For me, all these factors contribute to a buy signal.
Bullish Inverted H&S Pattern BO in Bharat WiresIntroduction:
Bharat Wire Ropes Ltd. engages in the manufacture and sale of steel wire ropes, wire strands, and wire rope slings. Its products include different types of ropes including general purpose ropes, fishing, crane, structural, elevator, mining, oil and gas, and shipping ropes. It also offers mechanically spliced and hand spliced slings, earth wires, stay wires, and spiral strands. The company was founded in 1986 and is headquartered in Mumbai, India.
Analysis
A Bullish Inverted Head and Shoulder pattern is visible on the Daily chart of NSE:BHARATWIRE NSE:IWEL with huge volume.
MACD gave Positive crossover on Daily, Weekly and Monthlychart. So, expecting the momentum to continue.
One can create a fresh position in the scrip near Rs. 290-300 levels with the stoploss of Rs. 280.05 on Daily closing basis for the following targets 305.15, 312.25, 321.05, 329.15, 335.60, 342.05, 348.95 and 354.90.
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
A Swing Trade Advice | Buy Bharat Wire Ropes | Expected Gain 12% Short Term Trading Advice by Goodluck Capital
Buy Bharat Wire Ropes (NSE:BHARATWIRE)
Buy Range- 250 - 263
Target- 285 - 295
StopLoss- below 233
Potential Return- 12-15%
Approx trade duration 14 - 15 days
Poll & Flag Pattern📌Poll & Flag Pattern
✅Keep on Radar
BHARATWIRE
+ The stock is in an Uptrend
+ Trading at ATH
+ Above Key EMAs
+ Increased Volume
BHARAT WIRE TO OUTPERFORM FROM HEREAfter strong closing seen in this stock in this weak market. This can outperform in the coming weeks.
BHARATWIREBHARATWIRE :- If the stock sustains the upside in tandem with the breakout, then we may see an upside moment.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Bharat Wire Ropes Limited - Long Setup, Move is ON...#BHARATWIRE trading above Resistance of 262
Next Resistance is at 417
Support is at 132
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Bharat Wires (LONG) - To the upside of 246So far, Bharat Wires was trading inside the trendline zone and it has made a positive wave Pattern Breakout around 210 and took a proper retracement and strong support in 210 levels. The stock is now expected to go upside in the levels of 240-245 area in the next days.
BHARATWIRE - Ichimoku Bullish Breakout Stock Name - Bharat Wire Ropes Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 182
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
bharat wirededt reducing,wire sector is in on fire,metal price down,debt restructuring apporved by rbi and payment is made as per plan ,if sustain above 160 may see new high
BHARATWIRE - Ichimoku Bullish Breakout Stock Name - Bharat Wire Ropes Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 144
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
Bharat Wire BuyBharat Wire - Positional Analysis - Weekly Chart
Given Flag Breakout & Bullish Marubozo
CMP 56.75 Buy For Target 69-80-103-126-143-160+
SL Below 30
Add More If Get @40-42
BHARATWIRE channel breakoutBHARATWIRE channel breakout with good volume on daily time frame, we can buy at this level SL @ 106, TGT1 : 128, TGT2 : 137
Bharat Wire Ropes Ltd - Under surveilancmultiple resistance zoneEngaged in the manufacturing of various types of wires and ropes. Fundamentally not strong. Now under the surveilance of multiple resistance zone. Low promoter holding and high pledge is one of the most important concern. Profit is improving . Expecting a short term run
BHARATWIREGood breakout of range. All levels mentioned.
SL 107, target 141/151. Buy CMP 20% rest around 115
