(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 22906
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed May 2023 | 791.25 | 781.60 | 794.00 | 777.00 | 1.681 times |
| 30 Tue May 2023 | 782.05 | 790.25 | 793.65 | 780.50 | 1.24 times |
| 29 Mon May 2023 | 787.15 | 772.05 | 788.55 | 766.55 | 2.19 times |
| 26 Fri May 2023 | 767.75 | 757.60 | 768.85 | 756.00 | 0.612 times |
| 25 Thu May 2023 | 757.00 | 762.10 | 765.25 | 754.05 | 0.538 times |
| 24 Wed May 2023 | 762.10 | 769.00 | 769.45 | 760.30 | 0.747 times |
| 23 Tue May 2023 | 769.75 | 762.00 | 772.65 | 756.20 | 0.867 times |
| 22 Mon May 2023 | 761.55 | 757.45 | 763.35 | 756.45 | 0.623 times |
| 19 Fri May 2023 | 757.45 | 769.90 | 769.90 | 753.10 | 1.137 times |
| 18 Thu May 2023 | 766.00 | 778.25 | 783.85 | 763.00 | 1.327 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 792.4, for a target of 780.6 or 770.71
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 744.00 |
| Upside Target | 794.00 |
| Upside Target | 803.30 |
| Upside Target | 809.95 |
| Upside Target | 811.80 |
| Upside Target | 839.95 |
| Upside Target | 845.75 |
| Upside Target | 891.95 |
| Upside Target | 910.00 |
Intraday share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Intraday Target | 773.87 |
| Downside Intraday Target | 756.48 |
| Upside Intraday Target | 801.32 |
| Upside Intraday Target | 811.38 |
| Downside Intraday Target | 783.93 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed May 2023 | 791.25 | 772.05 | 794.00 | 766.55 | 1.509 times |
| 26 Fri May 2023 | 767.75 | 757.45 | 772.65 | 754.05 | 0.598 times |
| 19 Fri May 2023 | 757.45 | 762.95 | 783.85 | 753.10 | 0.73 times |
| 12 Fri May 2023 | 758.05 | 762.05 | 786.65 | 755.55 | 1.068 times |
| 05 Fri May 2023 | 758.25 | 809.95 | 809.95 | 748.20 | 1.609 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 |
| 31 Wed May 2023 | 791.25 | 809.95 | 809.95 | 748.20 | 1.249 times |
| 28 Fri Apr 2023 | 800.85 | 780.00 | 803.30 | 744.00 | 1.02 times |
| 31 Fri Mar 2023 | 770.10 | 823.85 | 845.75 | 745.60 | 0.64 times |
| 28 Tue Feb 2023 | 816.05 | 886.95 | 910.00 | 811.80 | 1.035 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)
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Bharat Forge stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Bharat Forge in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 774.46 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.
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Bharat Forge stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Bharat Forge in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 774.46 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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