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(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)

Target Type Value
Downside Target 597.50
Downside Target 615.00
Downside Target 630.00
Downside Target 645.40
Downside Target 671.65
Downside Target 693.95
Downside Target 723.75
Upside Target 740.90
Upside Target 742.35
Upside Target 753.15
Upside Target 756.55

Intraday share price targets for Bharat Forge (BharatForge)

Target Type Value
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
MACD 28, 28Sell
Stochastics 40None
CCI 26Buy
RSI 49Sell
OBV 1067586Sell
VWAP 737Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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.

Click here for Bharat Forge charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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