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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 2022-09-22 View latest technical analysis

10 day averaged volume of Bharat Forge is 66198

Date Daily Closing Price Open High Low Volume
22 Thu Sep 2022 782.05 761.40 785.45 758.10 0.816 times
21 Wed Sep 2022 766.95 761.20 784.00 761.20 0.497 times
20 Tue Sep 2022 769.10 743.50 772.55 743.50 0.769 times
19 Mon Sep 2022 736.50 750.00 751.10 734.30 3.751 times
16 Fri Sep 2022 746.30 790.00 790.00 736.75 1.059 times
15 Thu Sep 2022 784.00 778.70 788.65 773.25 0.469 times
14 Wed Sep 2022 778.70 777.10 787.65 769.60 0.341 times
13 Tue Sep 2022 786.50 786.00 793.10 783.00 0.54 times
12 Mon Sep 2022 785.05 788.55 801.05 783.65 1.084 times
09 Fri Sep 2022 788.00 765.65 792.00 765.65 1.202 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 782.5 as stoploss in an intra day sell trade for a target of 761.95. However, stock will show a bullish move above 782.5.

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 742.35
Downside Target 750.00
Downside Target 768.80
Upside Target 785.45
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 749.08
Downside Intraday Target 716.12
Upside Intraday Target 800.23
Upside Intraday Target 818.42
Downside Intraday Target 767.27

Weekly technical analysis of Bharat Forge (BharatForge)

Date Weekly Closing Price Open High Low Volume
22 Thu Sep 2022 782.05 750.00 785.45 734.30 1.67 times
16 Fri Sep 2022 746.30 788.55 801.05 736.75 0.826 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bharat Forge (BharatForge)

Date Monthly Closing Price Open High Low Volume
22 Thu Sep 2022 782.05 740.00 801.05 732.30 0.608 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 26, 22, 9 Buy
MACD 23, 25Sell
Stochastics 58None
CCI 15Buy
RSI 57Buy
OBV -21246Sell
VWAP 762Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Bharat Forge ( (BharatForge) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 SELL signal for Bharat Forge in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Bharat Forge Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 and the buying is gaining 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 761.77 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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