(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 2022-04-29 View latest technical analysis
10 day averaged volume of Bharat Forge is 26977
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Fri Apr 2022 | 701.25 | 721.80 | 728.95 | 698.90 | 0.876 times |
| 28 Thu Apr 2022 | 720.70 | 727.00 | 727.00 | 706.95 | 0.862 times |
| 27 Wed Apr 2022 | 713.60 | 721.00 | 724.90 | 710.10 | 0.704 times |
| 26 Tue Apr 2022 | 727.75 | 709.80 | 731.20 | 709.80 | 1.076 times |
| 25 Mon Apr 2022 | 701.35 | 722.00 | 727.75 | 699.40 | 1.073 times |
| 22 Fri Apr 2022 | 723.70 | 738.40 | 738.40 | 722.00 | 0.554 times |
| 21 Thu Apr 2022 | 738.50 | 731.00 | 750.00 | 731.00 | 1.224 times |
| 20 Wed Apr 2022 | 731.15 | 722.90 | 751.95 | 722.90 | 1.389 times |
| 19 Tue Apr 2022 | 725.00 | 740.00 | 742.40 | 719.90 | 1.233 times |
| 18 Mon Apr 2022 | 727.40 | 729.40 | 732.10 | 714.85 | 0.819 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 709.5, but if it comes above 709.5, then a intra day buy could be more profitable.
If you take a sell trade below 709.5, then use 709.5 as stoploss and 693.7 as target. However if you take a buy trade in stock , then use 709.5 as stoploss and 722.76 as target.
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 595.85 |
| Downside Target | 651.05 |
| Downside Target | 679.30 |
| Downside Target | 694.35 |
| Upside Target | 731.20 |
| Upside Target | 745.65 |
| Upside Target | 751.90 |
| Upside Target | 751.95 |
| 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 | 689.7 |
| Downside Intraday Target | 678.15 |
| Upside Intraday Target | 722 |
| Upside Intraday Target | 742.75 |
| Upside Intraday Target | 710.45 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Fri Apr 2022 | 701.25 | 722.00 | 731.20 | 698.90 | 0.88 times |
| 22 Fri Apr 2022 | 723.70 | 729.40 | 751.95 | 714.85 | 2.086 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 |
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 |
| 29 Fri Apr 2022 | 701.25 | 700.60 | 753.15 | 694.35 | 0.41 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 down 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 | 14, 21, 19 | Sell |
| MACD | 8, 13 | Sell |
| Stochastics | 24 | Sell |
| CCI | -113 | Sell |
| RSI | 49 | Sell |
| OBV | 31171 | Sell |
| VWAP | 722 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Bharat Forge in short term but the sell signal is initial and weak.
Bharat Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Bharat Forge in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 722.08 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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