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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 20110

Date Daily Closing Price Open High Low Volume
08 Thu Dec 2022 871.85 834.05 878.00 834.05 2.288 times
07 Wed Dec 2022 836.95 840.10 844.00 833.65 0.802 times
06 Tue Dec 2022 841.95 839.05 845.85 833.55 1.23 times
05 Mon Dec 2022 847.65 851.05 857.05 845.00 1.027 times
02 Fri Dec 2022 855.05 850.00 856.40 839.10 0.69 times
01 Thu Dec 2022 848.45 864.30 864.30 843.85 0.954 times
30 Wed Nov 2022 858.95 848.00 863.30 848.00 0.934 times
29 Tue Nov 2022 848.45 866.00 866.05 845.65 1.577 times
28 Mon Nov 2022 859.60 842.80 861.00 842.80 1.468 times
25 Fri Nov 2022 847.25 844.15 849.10 837.95 0.831 times

Stock of Bharat Forge (BharatForge) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 862.4, but if it comes below 862.4, then a intra day sell could be more profitable.
If you take a sell trade below 862.4, then use 862.4 as stoploss and 849.13 as target. However if you take a buy trade in stock , then use 862.4 as stoploss and 878.4 as target.

Share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Target 677.85
Downside Target 700.00
Downside Target 800.00
Downside Target 849.10
Downside Target 854.90
Downside Target 866.05
Upside Target 878.00
Upside Target 895.90
Upside Target 896.40

Intraday share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Intraday Target 844.27
Downside Intraday Target 816.68
Upside Intraday Target 888.72
Upside Intraday Target 905.58
Downside Intraday Target 861.13

Weekly technical analysis of Bharat Forge (BharatForge)

Date Weekly Closing Price Open High Low Volume
08 Thu Dec 2022 871.85 851.05 878.00 833.55 0.951 times
02 Fri Dec 2022 855.05 842.80 866.05 839.10 1.375 times
25 Fri Nov 2022 847.25 831.65 849.10 816.40 0.359 times
18 Fri Nov 2022 836.60 895.90 895.90 826.95 0.855 times
11 Fri Nov 2022 886.70 854.90 896.40 854.90 0.372 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
08 Thu Dec 2022 871.85 864.30 878.00 833.55 0.109 times
30 Wed Nov 2022 858.95 831.15 896.40 816.40 0.801 times
31 Mon Oct 2022 834.70 693.45 847.15 683.05 1.269 times
30 Fri Sep 2022 695.40 740.00 801.05 677.85 0.773 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 30, 15, 33 Buy
MACD 22, 24Sell
Stochastics 41None
CCI 136Buy
RSI 58Buy
OBV -83215Sell
VWAP 854Buy
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 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 to mid term time period is

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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Bharat Forge is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 853.98 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.

Click here for Bharat Forge charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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