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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)

10 day averaged volume of Bharat Forge is 30283

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Jun 2023	817.75	812.00	829.55	810.00	2.834 times
07 Wed Jun 2023	808.90	806.95	809.95	799.40	0.737 times
06 Tue Jun 2023	802.20	800.95	804.00	796.40	1.103 times
05 Mon Jun 2023	798.65	798.00	804.55	792.55	1.732 times
02 Fri Jun 2023	788.65	798.00	801.45	785.55	1.267 times
01 Thu Jun 2023	797.10	795.80	799.35	786.45	0.425 times
31 Wed May 2023	791.25	781.60	794.00	777.00	1.272 times
30 Tue May 2023	782.05	790.25	793.65	780.50	0.938 times
29 Mon May 2023	787.15	772.05	788.55	766.55	1.656 times
26 Fri May 2023	767.75	757.60	768.85	756.00	0.463 times

Stock of Bharat Forge (BharatForge) has showed a significant upmove. This could be a good time to enter in this stock!

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 819.2, for a target of 797.4 or 779.3

Share price targets for Bharat Forge (BharatForge)

Target Type	Value
Downside Target	744.00
Downside Target	792.55
Downside Target	801.45
Downside Target	803.30
Downside Target	809.95
Downside Target	811.80
Upside Target	829.55
Upside Target	845.75
Upside Target	910.00

Intraday share price targets for Bharat Forge (BharatForge)

Target Type	Value
Downside Intraday Target	797.02
Downside Intraday Target	776.28
Upside Intraday Target	834.02
Upside Intraday Target	850.28
Downside Intraday Target	813.28

Weekly technical analysis of Bharat Forge (BharatForge)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Jun 2023	817.75	798.00	829.55	792.55	1.152 times
02 Fri Jun 2023	788.65	772.05	801.45	766.55	2.17 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

Price has moved up 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
08 Thu Jun 2023	817.75	795.80	829.55	785.55	0.367 times
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

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)

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.

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 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 SELL signal in short term but selling is losing 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 798.16 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.