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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 2022-09-15 View latest technical analysis

10 day averaged volume of Bharat Forge is 50815

Date Daily Closing Price Open High Low Volume
15 Thu Sep 2022 784.00 778.70 788.65 773.25 0.611 times
14 Wed Sep 2022 778.70 777.10 787.65 769.60 0.444 times
13 Tue Sep 2022 786.50 786.00 793.10 783.00 0.704 times
12 Mon Sep 2022 785.05 788.55 801.05 783.65 1.413 times
09 Fri Sep 2022 788.00 765.65 792.00 765.65 1.566 times
08 Thu Sep 2022 764.85 765.60 772.20 760.65 0.374 times
07 Wed Sep 2022 765.30 776.90 776.90 750.00 0.796 times
06 Tue Sep 2022 776.55 765.05 779.80 765.05 0.867 times
05 Mon Sep 2022 767.75 774.40 784.35 762.85 1.91 times
02 Fri Sep 2022 766.85 752.00 768.80 751.00 1.472 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 778.4, but if it comes below 778.4, then a intra day sell could be more profitable.
If you take a sell trade below 778.4, then use 778.4 as stoploss and 755.76 as target. However if you take a buy trade in stock , then use 778.4 as stoploss and 805.6 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 768.72
Downside Intraday Target 753.43
Upside Intraday Target 800.17
Upside Intraday Target 816.33
Upside Intraday Target 784.88

Weekly technical analysis of Bharat Forge (BharatForge)

Date Weekly Closing Price Open High Low Volume
15 Thu Sep 2022 784.00 788.55 801.05 769.60 0.575 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
15 Thu Sep 2022 784.00 740.00 801.05 732.30 0.329 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 30, 20, 21 Buy
MACD 34, 32Buy
Stochastics 72Buy
CCI 50Buy
RSI 57Buy
OBV 56794Sell
VWAP 776Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

Price action analysis of Bharat Forge ( (BharatForge) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Strong and stock is gaining 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 moving up

CCI has generated a buy signal for Bharat Forge in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 776.36 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.

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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