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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 2022-05-13 View latest technical analysis

10 day averaged volume of Bharat Forge is 76705

Date Daily Closing Price Open High Low Volume
13 Fri May 2022 629.15 609.80 651.80 609.80 0.785 times
12 Thu May 2022 603.45 625.00 630.30 597.50 0.605 times
11 Wed May 2022 629.45 640.40 640.40 624.25 0.507 times
10 Tue May 2022 631.60 635.00 648.90 630.00 0.411 times
09 Mon May 2022 637.00 650.10 656.00 628.60 0.885 times
06 Fri May 2022 659.80 666.00 669.40 652.30 0.748 times
05 Thu May 2022 676.85 680.00 691.10 674.75 0.272 times
04 Wed May 2022 671.70 684.80 695.15 665.45 5.542 times
02 Mon May 2022 678.50 693.95 693.95 674.45 0.419 times
29 Fri Apr 2022 701.25 721.80 728.95 698.90 0.308 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 646, but if it comes above 646, then a intra day buy could be more profitable.
If you take a sell trade below 646, then use 646 as stoploss and 595.5 as target. However if you take a buy trade in stock , then use 646 as stoploss and 688.04 as target.

Share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Target 595.85
Upside Target 651.05
Upside Target 694.35
Upside Target 714.85
Upside Target 716.65
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 599.1
Downside Intraday Target 569.05
Upside Intraday Target 657.6
Upside Intraday Target 686.05
Downside Intraday Target 627.55

Weekly technical analysis of Bharat Forge (BharatForge)

Date Weekly Closing Price Open High Low Volume
13 Fri May 2022 629.15 650.10 656.00 597.50 0.458 times
06 Fri May 2022 659.80 693.95 695.15 652.30 4.323 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

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
13 Fri May 2022 629.15 693.95 695.15 597.50 1.43 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 13, 35, 46 Sell
MACD -36, -23Sell
Stochastics 11Sell
CCI -66Buy
RSI 48Sell
OBV -628155Sell
VWAP 658Sell
ADL 0Sell
ROC -13Sell
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 losing 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 red color and prices are in or above the red 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 but selling is losing 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 658.45 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 negative.

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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