(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)
10 day averaged volume of Bharat Forge is 22197
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 757.80 | 750.70 | 759.95 | 745.60 | 1.144 times |
| 28 Tue Mar 2023 | 750.65 | 756.25 | 758.55 | 747.70 | 0.993 times |
| 27 Mon Mar 2023 | 758.40 | 765.80 | 769.20 | 755.00 | 0.476 times |
| 24 Fri Mar 2023 | 764.40 | 773.00 | 773.10 | 761.15 | 0.515 times |
| 23 Thu Mar 2023 | 769.95 | 780.30 | 780.55 | 767.15 | 0.856 times |
| 22 Wed Mar 2023 | 782.25 | 789.50 | 792.50 | 780.25 | 0.494 times |
| 21 Tue Mar 2023 | 778.00 | 787.50 | 789.10 | 770.00 | 1.109 times |
| 20 Mon Mar 2023 | 787.25 | 817.95 | 817.95 | 779.25 | 0.548 times |
| 17 Fri Mar 2023 | 800.55 | 804.10 | 822.55 | 793.60 | 2.41 times |
| 16 Thu Mar 2023 | 788.15 | 795.00 | 795.00 | 776.10 | 1.68 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 768.5, but if it comes above 768.5, then a intra day buy could be more profitable.
If you take a sell trade below 768.5, then use 768.5 as stoploss and 736.4 as target. However if you take a buy trade in stock , then use 768.5 as stoploss and 795.13 as target.
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 745.60 |
| Upside Target | 761.15 |
| Upside Target | 811.80 |
| Upside Target | 839.95 |
| Upside Target | 844.95 |
| Upside Target | 845.75 |
| Upside Target | 891.95 |
| Upside Target | 896.40 |
| Upside Target | 910.00 |
| Upside Target | 919.50 |
Intraday share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Intraday Target | 745.87 |
| Downside Intraday Target | 733.93 |
| Upside Intraday Target | 769.47 |
| Upside Intraday Target | 781.13 |
| Downside Intraday Target | 757.53 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Mar 2023 | 757.80 | 765.80 | 769.20 | 745.60 | 0.742 times |
| 24 Fri Mar 2023 | 764.40 | 817.95 | 817.95 | 761.15 | 0.454 times |
| 17 Fri Mar 2023 | 800.55 | 814.05 | 824.90 | 776.10 | 2.005 times |
| 10 Fri Mar 2023 | 821.20 | 826.05 | 844.95 | 814.65 | 0.644 times |
| 03 Fri Mar 2023 | 825.00 | 828.80 | 845.75 | 813.00 | 1.185 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 Wed Mar 2023 | 757.80 | 823.85 | 845.75 | 745.60 | 0.592 times |
| 28 Tue Feb 2023 | 816.05 | 886.95 | 910.00 | 811.80 | 1.035 times |
| 31 Tue Jan 2023 | 875.20 | 884.95 | 891.95 | 839.95 | 0.996 times |
| 30 Fri Dec 2022 | 879.55 | 864.30 | 919.50 | 827.75 | 0.618 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, 35, 42 | Sell |
| MACD | -41, -37 | Sell |
| Stochastics | 8 | Sell |
| CCI | -98 | Buy |
| RSI | 46 | Sell |
| OBV | -88423 | Sell |
| VWAP | 779 | 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 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 red color and prices are below 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 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 778.5 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.
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