(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 2022-09-14 View latest technical analysis
10 day averaged volume of Bharat Forge is 53101
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Sep 2022 | 778.70 | 777.10 | 787.65 | 769.60 | 0.425 times |
| 13 Tue Sep 2022 | 786.50 | 786.00 | 793.10 | 783.00 | 0.673 times |
| 12 Mon Sep 2022 | 785.05 | 788.55 | 801.05 | 783.65 | 1.352 times |
| 09 Fri Sep 2022 | 788.00 | 765.65 | 792.00 | 765.65 | 1.499 times |
| 08 Thu Sep 2022 | 764.85 | 765.60 | 772.20 | 760.65 | 0.358 times |
| 07 Wed Sep 2022 | 765.30 | 776.90 | 776.90 | 750.00 | 0.762 times |
| 06 Tue Sep 2022 | 776.55 | 765.05 | 779.80 | 765.05 | 0.829 times |
| 05 Mon Sep 2022 | 767.75 | 774.40 | 784.35 | 762.85 | 1.828 times |
| 02 Fri Sep 2022 | 766.85 | 752.00 | 768.80 | 751.00 | 1.409 times |
| 01 Thu Sep 2022 | 751.85 | 740.00 | 753.90 | 732.30 | 0.434 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 776.6, but if it comes below 776.6, then a intra day sell could be more profitable.
If you take a sell trade below 776.6, then use 776.6 as stoploss and 754.76 as target. However if you take a buy trade in stock , then use 776.6 as stoploss and 802.7 as target.
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 597.50 |
| Downside Target | 615.00 |
| Downside Target | 630.00 |
| Downside Target | 700.00 |
| Downside Target | 750.00 |
| Downside Target | 768.80 |
| Downside Target | 769.60 |
| Upside Target | 792.00 |
| Upside Target | 800.00 |
| Upside Target | 801.05 |
Intraday share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Intraday Target | 765.18 |
| Downside Intraday Target | 751.67 |
| Upside Intraday Target | 796.63 |
| Upside Intraday Target | 814.57 |
| Upside Intraday Target | 783.12 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Sep 2022 | 778.70 | 788.55 | 801.05 | 769.60 | 0.464 times |
| 09 Fri Sep 2022 | 788.00 | 774.40 | 792.00 | 750.00 | 1.57 times |
| 02 Fri Sep 2022 | 766.85 | 720.00 | 768.80 | 710.75 | 1.045 times |
| 26 Fri Aug 2022 | 732.15 | 730.00 | 742.15 | 718.50 | 0.657 times |
| 19 Fri Aug 2022 | 734.60 | 800.00 | 800.00 | 732.70 | 0.413 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 |
| 14 Wed Sep 2022 | 778.70 | 740.00 | 801.05 | 732.30 | 0.31 times |
| 30 Tue Aug 2022 | 740.65 | 733.00 | 800.00 | 700.00 | 1.553 times |
| 29 Fri Jul 2022 | 732.75 | 651.70 | 742.35 | 630.00 | 0.756 times |
| 30 Thu Jun 2022 | 651.75 | 709.85 | 712.15 | 615.00 | 1.019 times |
Scroll below to view daily charts
Price has moved up 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 | 32, 22, 20 | Buy |
| MACD | 34, 32 | Buy |
| Stochastics | 77 | Buy |
| CCI | 42 | Sell |
| RSI | 58 | Buy |
| OBV | -51004 | Sell |
| VWAP | 775 | Buy |
| ADL | 0 | Sell |
| ROC | 5 | Buy |
| 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Bharat Forge ( (BharatForge) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Bharat Forge stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Bharat Forge in short term and the buy signal is strong.
Bharat Forge Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Bharat Forge in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 774.78 and Bharat Forge (BharatForge) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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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