(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 2022-04-21 View latest technical analysis
10 day averaged volume of Bharat Forge is 32191
|Date||Daily Closing Price||Open||High||Low||Volume|
|21 Thu Apr 2022||738.50||731.00||750.00||731.00||1.026 times|
|20 Wed Apr 2022||731.15||722.90||751.95||722.90||1.164 times|
|19 Tue Apr 2022||725.00||740.00||742.40||719.90||1.033 times|
|18 Mon Apr 2022||727.40||729.40||732.10||714.85||0.686 times|
|13 Wed Apr 2022||732.90||739.95||742.50||727.00||0.894 times|
|12 Tue Apr 2022||729.50||736.00||736.45||716.65||0.607 times|
|11 Mon Apr 2022||739.90||751.90||751.90||735.05||0.596 times|
|08 Fri Apr 2022||745.65||735.10||753.15||727.05||2.13 times|
|07 Thu Apr 2022||728.75||734.30||736.05||719.70||1.056 times|
|06 Wed Apr 2022||727.00||727.90||732.00||717.75||0.829 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 735.4, but if it comes below 735.4, then a intra day sell could be more profitable.
If you take a sell trade below 735.4, then use 735.4 as stoploss and 716.95 as target. However if you take a buy trade in stock , then use 735.4 as stoploss and 757.5 as target.
Share price targets for Bharat Forge (BharatForge)
Intraday share price targets for Bharat Forge (BharatForge)
|Downside Intraday Target||718.25|
|Downside Intraday Target||698|
|Upside Intraday Target||755.35|
|Upside Intraday Target||772.2|
|Downside Intraday Target||735.1|
Weekly technical analysis of Bharat Forge (BharatForge)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|21 Thu Apr 2022||738.50||729.40||751.95||714.85||1.864 times|
|13 Wed Apr 2022||732.90||751.90||751.90||716.65||0.355 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|
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bharat Forge (BharatForge)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|21 Thu Apr 2022||738.50||700.60||753.15||694.35||0.305 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||27, 14, 30||Buy|
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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 734.07 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.