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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 2022-05-05 View latest technical analysis

10 day averaged volume of Bharat Forge is 66648

Date Daily Closing Price Open High Low Volume
05 Thu May 2022 676.85 680.00 691.10 674.75 0.313 times
04 Wed May 2022 671.70 684.80 695.15 665.45 6.378 times
02 Mon May 2022 678.50 693.95 693.95 674.45 0.482 times
29 Fri Apr 2022 701.25 721.80 728.95 698.90 0.355 times
28 Thu Apr 2022 720.70 727.00 727.00 706.95 0.349 times
27 Wed Apr 2022 713.60 721.00 724.90 710.10 0.285 times
26 Tue Apr 2022 727.75 709.80 731.20 709.80 0.435 times
25 Mon Apr 2022 701.35 722.00 727.75 699.40 0.434 times
22 Fri Apr 2022 723.70 738.40 738.40 722.00 0.224 times
21 Thu Apr 2022 738.50 731.00 750.00 731.00 0.495 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 672.5, for a target of 697.6 or 718.48

Share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Target 595.85
Downside Target 651.05
Downside Target 665.45
Upside Target 694.35
Upside Target 725.50
Upside Target 731.20
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 663.15
Downside Intraday Target 649.45
Upside Intraday Target 692.85
Upside Intraday Target 708.85
Upside Intraday Target 679.15

Weekly technical analysis of Bharat Forge (BharatForge)

Date Weekly Closing Price Open High Low Volume
05 Thu May 2022 676.85 693.95 695.15 665.45 3.859 times
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

Price has moved down 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
05 Thu May 2022 676.85 693.95 695.15 665.45 0.876 times
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

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 10, 27, 46 Sell
MACD -6, 4Sell
Stochastics 9Sell
CCI -108Buy
RSI 47Sell
OBV -328804Sell
VWAP 685Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 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 Strong and stock is gaining 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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 684.67 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.

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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