(BharatForge) Bharat Forge complete technical analysis [charts+indicators] | Buy/Sell Bharat Forge | (BharatForge) share price targets
Complete technical analysis of Bharat Forge (BharatForge) by charts plus indicators, forecast predictions and share price targets for Bharat Forge (BharatForge)
Showing technical analysis as on 2021-11-16 View latest technical analysis
10 day averaged volume of Bharat Forge is 83693
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Nov 2021 | 800.55 | 782.00 | 813.35 | 777.00 | 1.437 times |
| 15 Mon Nov 2021 | 777.50 | 777.95 | 799.05 | 771.40 | 0.989 times |
| 12 Fri Nov 2021 | 774.70 | 792.00 | 807.05 | 765.85 | 3.295 times |
| 11 Thu Nov 2021 | 782.50 | 824.70 | 824.70 | 777.75 | 1.472 times |
| 10 Wed Nov 2021 | 831.15 | 832.55 | 848.00 | 828.00 | 0.828 times |
| 09 Tue Nov 2021 | 833.85 | 818.00 | 837.00 | 815.25 | 0.905 times |
| 08 Mon Nov 2021 | 814.35 | 781.05 | 820.75 | 780.70 | 1.239 times |
| 04 Thu Nov 2021 | 781.05 | 775.00 | 784.15 | 772.00 | 0.049 times |
| 03 Wed Nov 2021 | 775.00 | 783.45 | 786.70 | 767.60 | 0.483 times |
| 02 Tue Nov 2021 | 783.45 | 791.00 | 791.70 | 779.80 | 0.222 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 806.1 as stoploss in an intra day sell trade for a target of 787.01. However, stock will show a bullish move above 806.1.
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 716.90 |
| Downside Target | 748.85 |
| Downside Target | 793.00 |
| Upside Target | 811.00 |
| Upside Target | 813.35 |
| Upside Target | 817.30 |
| Upside Target | 832.15 |
| Upside Target | 846.60 |
| Upside Target | 848.00 |
Intraday share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Intraday Target | 776.85 |
| Downside Intraday Target | 753.15 |
| Upside Intraday Target | 818.8 |
| Upside Intraday Target | 837.05 |
| Downside Intraday Target | 795.1 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Nov 2021 | 800.55 | 777.95 | 813.35 | 771.40 | 0.314 times |
| 12 Fri Nov 2021 | 774.70 | 781.05 | 848.00 | 765.85 | 6.083 times |
| 04 Thu Nov 2021 | 781.05 | 768.35 | 793.00 | 767.60 | 0.294 times |
| 29 Fri Oct 2021 | 767.75 | 793.50 | 799.00 | 748.85 | 0.577 times |
| 22 Fri Oct 2021 | 788.20 | 810.70 | 817.30 | 761.90 | 1.035 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 Bharat Forge (BharatForge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Tue Nov 2021 | 800.55 | 768.35 | 848.00 | 765.85 | 0.41 times |
| 29 Fri Oct 2021 | 767.75 | 737.40 | 817.30 | 717.30 | 0.774 times |
| 30 Thu Sep 2021 | 737.40 | 775.90 | 811.00 | 727.50 | 1.187 times |
| 31 Tue Aug 2021 | 767.10 | 771.80 | 846.60 | 716.90 | 1.286 times |
Scroll below to view daily charts
Price has moved up 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 Bharat Forge (BharatForge)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 24, 25, 2 | Sell |
| MACD | 12, 13 | Sell |
| Stochastics | 28 | Sell |
| CCI | 1 | Buy |
| RSI | 55 | Buy |
| OBV | -488051 | Sell |
| VWAP | 793 | Buy |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short 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 Bharat Forge ( (BharatForge) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Bharat Forge ( (BharatForge) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Bharat Forge stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bharat Forge in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Bharat Forge 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 Bharat Forge in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Bharat Forge is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 793.31 and Bharat Forge (BharatForge) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Bharat Forge (BharatForge) stock. Volume based technical analysis of Bharat Forge (BharatForge) stock is negative.
Bharat Forge Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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