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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)

Showing technical analysis as on 2022-04-12 View latest technical analysis

10 day averaged volume of Bharat Forge is 31793

Date Daily Closing Price Open High Low Volume
12 Tue Apr 2022 729.50 736.00 736.45 716.65 0.615 times
11 Mon Apr 2022 739.90 751.90 751.90 735.05 0.603 times
08 Fri Apr 2022 745.65 735.10 753.15 727.05 2.156 times
07 Thu Apr 2022 728.75 734.30 736.05 719.70 1.069 times
06 Wed Apr 2022 727.00 727.90 732.00 717.75 0.839 times
05 Tue Apr 2022 728.50 716.00 732.35 712.75 1.018 times
04 Mon Apr 2022 708.90 705.50 712.05 704.80 0.893 times
01 Fri Apr 2022 701.80 700.60 704.15 694.35 0.745 times
31 Thu Mar 2022 701.90 707.20 712.55 696.85 0.684 times
30 Wed Mar 2022 702.55 707.95 725.50 700.95 0.973 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 726.9, but if it comes below 726.9, then a intra day sell could be more profitable.
If you take a sell trade below 726.9, then use 726.9 as stoploss and 702.59 as target. However if you take a buy trade in stock , then use 726.9 as stoploss and 756 as target.

Share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Target 595.85
Downside Target 625.25
Downside Target 651.05
Downside Target 666.00
Downside Target 679.30
Downside Target 725.50
Upside Target 745.65
Upside Target 751.90
Upside Target 753.15
Upside Target 767.00
Upside Target 787.40

Intraday share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Intraday Target 713.47
Downside Intraday Target 697.43
Upside Intraday Target 748.72
Upside Intraday Target 767.93
Upside Intraday Target 732.68

Weekly technical analysis of Bharat Forge (BharatForge)

Date Weekly Closing Price Open High Low Volume
12 Tue Apr 2022 729.50 751.90 751.90 716.65 0.204 times
08 Fri Apr 2022 745.65 705.50 753.15 704.80 1.298 times
01 Fri Apr 2022 701.80 689.95 725.50 679.30 0.76 times
25 Fri Mar 2022 687.00 687.80 703.00 666.00 0.781 times
17 Thu Mar 2022 681.40 635.00 691.60 625.25 0.443 times

Price has moved down 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
12 Tue Apr 2022 729.50 700.60 753.15 694.35 0.189 times
31 Thu Mar 2022 701.90 670.00 725.50 595.85 0.961 times
28 Mon Feb 2022 677.90 738.25 767.00 651.05 1.272 times
31 Mon Jan 2022 735.35 699.00 787.40 698.00 1.107 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 29, 17, 25 Buy
MACD 21, 15Buy
Stochastics 76Buy
CCI 34Sell
RSI 56Buy
OBV 304113Sell
VWAP 725Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Bharat Forge ( (BharatForge) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bharat Forge ( (BharatForge) ) based on a short 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 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 losing momentum.

MACD generated a BUY signal for Bharat Forge in short term and the buy signal is strong.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying 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 724.61 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

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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