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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 2022-09-27 View latest technical analysis

10 day averaged volume of Bharat Forge is 62496

Date Daily Closing Price Open High Low Volume
27 Tue Sep 2022 703.65 725.05 731.70 700.00 0.779 times
26 Mon Sep 2022 723.75 738.05 743.15 708.05 0.722 times
23 Fri Sep 2022 747.20 787.00 787.00 745.00 0.547 times
22 Thu Sep 2022 782.05 761.40 785.45 758.10 0.865 times
21 Wed Sep 2022 766.95 761.20 784.00 761.20 0.527 times
20 Tue Sep 2022 769.10 743.50 772.55 743.50 0.814 times
19 Mon Sep 2022 736.50 750.00 751.10 734.30 3.973 times
16 Fri Sep 2022 746.30 790.00 790.00 736.75 1.121 times
15 Thu Sep 2022 784.00 778.70 788.65 773.25 0.497 times
14 Wed Sep 2022 778.70 777.10 787.65 769.60 0.361 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 712.7, for a target of 739.4 or 761.58

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
Upside Target 743.15
Upside Target 750.00
Upside Target 768.80
Upside Target 787.00
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 688.05
Downside Intraday Target 672.45
Upside Intraday Target 731.2
Upside Intraday Target 758.75
Upside Intraday Target 715.6

Weekly technical analysis of Bharat Forge (BharatForge)

Date Weekly Closing Price Open High Low Volume
27 Tue Sep 2022 703.65 738.05 743.15 700.00 0.223 times
23 Fri Sep 2022 747.20 750.00 787.00 734.30 1.817 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

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
27 Tue Sep 2022 703.65 740.00 801.05 700.00 0.686 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 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 16, 33, 33 Sell
MACD 5, 17Sell
Stochastics 14Sell
CCI -162Sell
RSI 48Sell
OBV -132449Sell
VWAP 747Sell
ADL 0Sell
ROC -11Sell
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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Bharat Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bharat Forge in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 746.58 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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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