BHARATWIRE

Bharat Wire Ropes Ltd.

Steel & Iron Products

Wait and Watch

Early Trend
Stage 2 VCP active Vol compression

Setup readiness

Early Trend

Pivot Levels
₹249.2-263.3
Support Level
₹244.6
Resistance
₹314.4
Risk Distance
7.1% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
61.0
ADX
14.0
Vol
52.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Mixed technical setup

Some technical elements are present, but overall momentum and structure remain mixed.

Relative strength Neutral
Breakout readiness Low

Bullish factors

  • MACD below zero — weak trend (−2).
  • Moderate distance from 52w high (-23% below).
  • Price remains below the 50DMA (intermediate trend reference).
  • Price remains distant from the pivot zone.
  • 1 prior pivot rejection in last 60d (-8 pts).
  • ATR 4.6%/day — healthy volatility (+4).
  • BB extreme squeeze — maximum energy compression.
  • Price shows advance from the 52-week low.
  • Relative strength is in a moderate band.
  • OBV divergence — price flat, volume rising: hidden strength.
  • Volume at 48% of 50d median — sellers gone.

Risk factors

  • Price advancing while OBV shows divergence
  • Significant overhead supply (70%)

Overall view

The setup is still developing with mixed momentum and trend alignment.

Size this trade

Setup research

BHARATWIRE — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

Positives

Price is 23% below the pivot

  • Volume contracting into the base
  • Stage 2 uptrend structure detected

Flagged yesterday

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 2 — tradable
  • Sector Mid-pack (#22/46)
  • Relative strength Building (RS 61)
  • Trend strength Weak (ADX 14)

Negatives

This idea is wrong below ₹244.6 (-20.8% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹244.6
  • Pivot — failure re-entry below₹262.0

Risk distance

7.1% to stop
1.5× ATR
2.7× R:R
19.4% reward

Risk ≈ ₹18.74/share from entry ₹263.3.

Reasons to skip 2

Disqualifiers that apply even if the score looks good.

  • Price advancing while OBV shows divergence
  • Significant overhead supply (70%)
Setup metrics Latest scan

BHARATWIRE Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest research scan.

Volume Profile bearish

POC
₹232.06
VAH
₹250.49
VAL
₹214.79
Vol above POC
43.8%

Institutional Activity · Neutral

Avg cost basis
₹218.45
Acc zone
₹148.0–226.0
Accumulation sessions
5
CMF
-0.23

Structure

Trend / stage
Stage 2 (Early)
Stage 2
Weekly trend
Above rising 30-wk MA
Uptrend
RS rank
61.0
Building
ADX
14.0
Weak

Momentum

RSI
42.0
Weakening
Recent move (10d / 20d)
+2.2% / -12.6%
Neutral
Volume quality
52.0
Building
Relative strength
Neutral
Strong

Risk

Failure risk
28.0
Low risk
ATR % / day
4.6%
Healthy
Distribution
0 day(s)
Compression
Volatility
7 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 43.5%
VCP waves 7x
Vol dry-up Yes
Avg value ₹6.4 Cr
Failure flags Overhead supply, Deep base

BHARATWIRE Support & Resistance Levels

AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Pattern context 52w · setup · flow

52-week range

Stage-2 ideal band  ·  Early recovery

Pattern highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Peer comparison Sector peers

Sector Peer Comparison

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BHARATWIRE FAQ Common swing-trading questions

Frequently asked questions about BHARATWIRE

What are the screener observations for BHARATWIRE?

On Swing Edge's swing-setup framework, Bharat Wire Ropes Ltd. (BHARATWIRE) currently grades B — workable setup. Price is 23% below the pivot. Flagged yesterday. This is educational research, not investment advice.

What are BHARATWIRE's support and resistance levels?

For BHARATWIRE, near-term support sits around ₹244.6 (the base/stop zone); overhead resistance is around ₹262.0 (the breakout pivot); the next resistance above is ₹314.4. This is educational research, not investment advice.

What is the breakout / pivot level for BHARATWIRE?

The breakout pivot for BHARATWIRE is around ₹262.0. Price is about 22.8% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is BHARATWIRE above its 50-day and 200-day moving averages?

Yes — BHARATWIRE is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.

How strong is BHARATWIRE versus the market (RS rank)?

BHARATWIRE has a relative strength (RS) rank of 61 out of 100 versus the NSE universe, making it building relative strength and outperforming the broader market. Trend strength (ADX) reads 14, indicating a weak/choppy trend. This is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-28 — not live intraday NSE quotes.