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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 44189

Date Daily Closing Price Open High Low Volume
04 Tue Oct 2022 707.65 705.75 713.25 695.50 0.463 times
03 Mon Oct 2022 691.60 693.45 701.90 683.05 0.763 times
30 Fri Sep 2022 695.40 686.00 702.25 680.40 1.024 times
29 Thu Sep 2022 687.45 699.95 706.05 677.85 1.23 times
28 Wed Sep 2022 694.95 698.50 707.45 686.25 0.967 times
27 Tue Sep 2022 703.65 725.05 731.70 700.00 1.102 times
26 Mon Sep 2022 723.75 738.05 743.15 708.05 1.021 times
23 Fri Sep 2022 747.20 787.00 787.00 745.00 0.774 times
22 Thu Sep 2022 782.05 761.40 785.45 758.10 1.223 times
21 Wed Sep 2022 766.95 761.20 784.00 761.20 0.745 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 709.3, but if it comes above 709.3, then a intra day buy could be more profitable.
If you take a sell trade below 709.3, then use 709.3 as stoploss and 666.2 as target. However if you take a buy trade in stock , then use 709.3 as stoploss and 745.25 as target.

Share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Target 615.00
Downside Target 630.00
Downside Target 677.85
Downside Target 700.00
Upside Target 734.30
Upside Target 743.15
Upside Target 750.00
Upside Target 787.00
Upside Target 792.00
Upside Target 800.00
Upside Target 801.05

Intraday share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Intraday Target 689.38
Downside Intraday Target 671.12
Upside Intraday Target 719.58
Upside Intraday Target 731.52
Downside Intraday Target 701.32

Weekly technical analysis of Bharat Forge (BharatForge)

Date Weekly Closing Price Open High Low Volume
04 Tue Oct 2022 707.65 693.45 713.25 683.05 0.229 times
30 Fri Sep 2022 695.40 738.05 743.15 677.85 0.562 times
23 Fri Sep 2022 747.20 750.00 787.00 734.30 1.817 times
16 Fri Sep 2022 746.30 788.55 801.05 736.75 0.826 times
09 Fri Sep 2022 788.00 774.40 792.00 750.00 1.57 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
04 Tue Oct 2022 707.65 693.45 713.25 683.05 0.043 times
30 Fri Sep 2022 695.40 740.00 801.05 677.85 0.773 times
30 Tue Aug 2022 740.65 733.00 800.00 700.00 1.553 times
29 Fri Jul 2022 732.75 651.70 742.35 630.00 0.756 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 15, 27, 28 Sell
MACD -17, -6Sell
Stochastics 19Sell
CCI -38Buy
RSI 52Buy
OBV -402824Sell
VWAP 720Sell
ADL 0Sell
ROC -8Sell
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 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Bharat Forge in short term and the sell signal is strong.

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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bharat Forge in short term but BUY signal is weak.

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 720.1 and Bharat Forge (BharatForge) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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

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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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