(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)
10 day averaged volume of Bharat Forge is 70155
|Date||Daily Closing Price||Open||High||Low||Volume|
|11 Thu Aug 2022||736.40||717.00||740.90||716.40||1.858 times|
|10 Wed Aug 2022||714.75||713.00||720.00||711.10||0.227 times|
|08 Mon Aug 2022||712.15||706.80||713.50||704.00||0.424 times|
|05 Fri Aug 2022||706.70||710.00||716.25||704.10||0.309 times|
|04 Thu Aug 2022||710.55||725.00||732.00||700.00||0.735 times|
|03 Wed Aug 2022||726.95||748.80||748.80||716.60||0.825 times|
|02 Tue Aug 2022||751.00||746.95||756.55||741.65||0.484 times|
|01 Mon Aug 2022||749.70||733.00||752.00||733.00||4.729 times|
|30 Sat Jul 2022||732.75||739.00||742.35||731.25||0.754 times|
|28 Thu Jul 2022||731.15||718.50||735.80||713.80||0.916 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 734.8, but if it comes below 734.8, then a intra day sell could be more profitable.
If you take a sell trade below 734.8, then use 734.8 as stoploss and 704.82 as target. However if you take a buy trade in stock , then use 734.8 as stoploss and 770.7 as target.
Share price targets for Bharat Forge (BharatForge)
Intraday share price targets for Bharat Forge (BharatForge)
|Downside Intraday Target||713.3|
|Downside Intraday Target||690.2|
|Upside Intraday Target||750.2|
|Upside Intraday Target||764|
|Downside Intraday Target||727.1|
Weekly technical analysis of Bharat Forge (BharatForge)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|11 Thu Aug 2022||736.40||706.80||740.90||704.00||0.354 times|
|05 Fri Aug 2022||706.70||733.00||756.55||700.00||2.17 times|
|30 Sat Jul 2022||732.75||706.50||742.35||693.95||0.429 times|
|22 Fri Jul 2022||706.30||645.40||714.95||645.40||3.024 times|
|15 Fri Jul 2022||642.55||666.80||671.65||630.00||1.761 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|
|11 Thu Aug 2022||736.40||733.00||756.55||700.00||0.638 times|
|30 Sat Jul 2022||732.75||651.70||742.35||630.00||0.756 times|
|30 Thu Jun 2022||651.75||709.85||712.15||615.00||1.004 times|
|31 Tue May 2022||706.85||693.95||723.75||597.50||2.546 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||36, 18, 34||Buy|
Price action analysis of Bharat Forge ( (BharatForge) ) 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term but selling is losing 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 737.4 and Bharat Forge (BharatForge) stock is trading below this level. This means that stock is falling with high volumes. 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.