Price and trend forecast of BANSALWIRE for Tomorrow, Weekly, Monthly
Bansal Wire Industries Ltd
Symbol: NSE:BANSALWIRE
ISIN: INE0B9K01025
361.80
As on 2025-03-13
BANSALWIRE's Today's Performance
Bansal Wire Industries Ltd started the day by opening at 359.05 today 2025-03-13. Its shares reached a high of 363.70 and dipped to a low of 357.65 in intraday. When the markets closed, BANSALWIRE’s stock price settled at ₹361.80 per share. Also check out its key support and resistance levels.
BANSALWIRE Buy/Sell Targets
Tomorrow, buy BANSALWIRE when its price reaches ₹ 361.80 with a stop-loss order at ₹ 354.47. You can set the target price as ₹ 369.13 to capture potential gains. This buy position balances the risks and rewards evenly, aiming for a 1:1 risk-reward ratio.
In the sections below, we will discuss detailed share price target of BANSALWIRE for tomorrow's session along with weekly levels. Please note that these share targets analysis is only valid for tomorrow and the current trading week and month.
Important Down levels for BANSALWIRE
| Downside Targets | Value in ₹ |
|---|---|
| Tomorrow Down Target 1 | 364 |
| Tomorrow Down Target 2 | 367 |
| Tomorrow Down Target 3 | 371 |
Important Levels for BANSALWIRE
| Holding Levels | Value in ₹ |
|---|---|
| Tomorrow Up Target 1 | 358 |
| Tomorrow Up Target 2 | 355 |
| Tomorrow Up Target 3 | 352 |
Based on where the stock opens tomorrow, if BANSALWIRE opens on a positive note, our first target will be ₹364. If Target 1 is achieved, we will aim for Target 2 which is ₹367.
But if BANSALWIRE falls below the average value of ₹361.05, you can enter a sell side position with target number 1 - ₹358 and second target - ₹355 This average value also act as support and resistance level. When the stock is trading above the average, it will act like support area. Another important thing is, stocks usually get back to this average value when the price trades too far from avg. In simpler words we can consider the average price as a magnet.
Daily Volume chart of BANSALWIRE
Looking at BANSALWIRE, we've seen a Decreasing trend in its trading volume over the past week, which really tells us how active traders have been with this stock.
In terms of its price, BANSALWIRE has been on a Upward path, giving us insights how its value changes in the market.
Based on this, the predicted sentiment for BANSALWIRE is moderate bullish.
Tomorrow's Volume based share price Forecast for BANSALWIRE
BANSALWIRE's Volume is currently in a Decreasing trend, and Price is in a Upward direction. Therefore, we can say the stock is in a moderate bullish trend. Volume trend strength over the last month compared to the last week is 875%.
Reversal detection for BANSALWIRE
BANSALWIRE may trend may continue to be bullish since stock is making higher highs and we can get target of ₹358 in morning tomorrow
| Target 1 tomorrow | 363 |
| Target 2 tomorrow | 365 |
| Target 3 tomorrow | 367 |
Investferry’s trend analysis method detects short term overbought and oversold situations to identify reversal in stocks. Use this as reference for short term counter trend trades.
Combine this trend forecast with BANSALWIRE's tomorrow's target prediction and you will have a base for what can be done in the upcoming trading session.
Based on where the stock opens tomorrow, if BANSALWIRE opens on a positive note, our first target will be ₹364.45. If Target 1 is achieved, we will aim for Target 2 which is ₹367.10.
But if BANSALWIRE falls below the average value of ₹361.05, you can enter a sell side position with target number 1 - ₹358.40 and second target - ₹355.00
BANSALWIRE's Weekly Targets
| 1st Up Target | 376.17 |
| 2nd Up Target | 390.53 |
| 1st Down Target | 345.27 |
| 2nd Down Target | 328.73 |
As the week for BANSALWIRE ended on bearish sentiments, we can expect further continuation of this sentiment. BANSALWIRE's initial target will be 376.17 for the coming week if it continues to trade higher. But if it fails, we can see lower targets of 345.27 in the upcoming week.
Weekly OHLC Values
| Open | 374.00 |
| High | 374.00 |
| Low | 343.10 |
| Close | 361.80 |
Week for BANSALWIRE started with an open price of 374.00, and the close was at 361.80. BANSALWIRE reached the highest of 374.00 and dipped lowest up to 343.10 last week. This indicates a bearish sentiment for the week.
BANSALWIRE full month swing targets
| Monthly Up Target 1 | 407.07 |
| Monthly Up Target 2 | 421.43 |
| Monthly Down Target 1 | 314.37 |
| Monthly Down Target 2 | 266.93 |
Targets of ₹407.07 can be expected to be reached in the coming month. Once BANSALWIRE achieved this target, we can aim for the next upside target of ₹421.43.
BANSALWIRE if fails to hold upside, down targets of ₹314.37 and ₹266.93 can be achieved by end of this month.
For complete three weeks if BANSALWIRE is bullish, the stock may decline in the last week on the month as traders usually close their positions. So in this case, you should aim for weekly support level which will act as targets here.
Related Stocks in the Same Sector as BANSALWIRE
No related stocks found in the same sector.
Summary
BANSALWIRE is expected to reach the target of 364.45 in tomorrow's trading session.
After achieving the initial target in BANSALWIRE, we will aim for higher targets of 367.10 tomorrow.
However, if BANSALWIRE starts to trade below ₹361.05, then we will shift our focus to the sell side and aim for down targets of 358.40 and 355.00.