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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)

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, -37Sell
Stochastics 8Sell
CCI -98Buy
RSI 46Sell
OBV -88423Sell
VWAP 779Sell
ADL 0Sell
ROC -4Sell
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 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.

Click here for Bharat Forge charts

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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