(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 2022-11-07 View latest technical analysis
10 day averaged volume of Bharat Forge is 114988
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 875.60 | 854.90 | 877.90 | 854.90 | 0.49 times |
| 04 Fri Nov 2022 | 854.90 | 860.55 | 860.55 | 846.45 | 0.212 times |
| 03 Thu Nov 2022 | 856.85 | 850.00 | 871.45 | 848.95 | 3.917 times |
| 02 Wed Nov 2022 | 846.30 | 849.00 | 865.00 | 844.45 | 0.569 times |
| 01 Tue Nov 2022 | 850.65 | 831.15 | 852.85 | 831.15 | 0.75 times |
| 31 Mon Oct 2022 | 834.70 | 835.05 | 847.15 | 825.75 | 0.831 times |
| 28 Fri Oct 2022 | 833.15 | 824.50 | 836.40 | 822.75 | 0.377 times |
| 27 Thu Oct 2022 | 820.75 | 813.70 | 829.65 | 811.95 | 0.761 times |
| 25 Tue Oct 2022 | 806.55 | 787.65 | 812.50 | 775.65 | 2.307 times |
| 24 Mon Oct 2022 | 786.25 | 780.00 | 789.25 | 780.00 | 0.098 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 888.4, for a target of 842.1 or 803.6
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 630.00 |
| Downside Target | 677.85 |
| Downside Target | 700.00 |
| Downside Target | 742.35 |
| Downside Target | 771.30 |
| Downside Target | 825.75 |
| Downside Target | 831.15 |
| Downside Target | 836.40 |
| Downside Target | 847.15 |
| Downside Target | 854.90 |
| Downside Target | 871.45 |
| Upside Target | 877.90 |
Intraday share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Intraday Target | 861.03 |
| Downside Intraday Target | 846.47 |
| Upside Intraday Target | 884.03 |
| Upside Intraday Target | 892.47 |
| Downside Intraday Target | 869.47 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Nov 2022 | 875.60 | 854.90 | 877.90 | 854.90 | 0.078 times |
| 04 Fri Nov 2022 | 854.90 | 835.05 | 871.45 | 825.75 | 1.772 times |
| 28 Fri Oct 2022 | 833.15 | 780.00 | 836.40 | 775.65 | 2.376 times |
| 21 Fri Oct 2022 | 778.75 | 773.35 | 797.95 | 771.30 | 0.304 times |
| 14 Fri Oct 2022 | 747.60 | 764.10 | 785.45 | 744.00 | 1.534 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 |
| 07 Mon Nov 2022 | 875.60 | 831.15 | 877.90 | 831.15 | 0.425 times |
| 31 Mon Oct 2022 | 834.70 | 693.45 | 847.15 | 683.05 | 1.269 times |
| 30 Fri Sep 2022 | 695.40 | 740.00 | 801.05 | 677.85 | 0.773 times |
| 30 Tue Aug 2022 | 740.65 | 733.00 | 800.00 | 700.00 | 1.553 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 | 38, 7, 70 | Buy |
| MACD | 54, 44 | Buy |
| Stochastics | 89 | Buy |
| CCI | 109 | Buy |
| RSI | 60 | Buy |
| OBV | 1154554 | Sell |
| VWAP | 839 | Buy |
| ADL | 0 | Sell |
| ROC | 12 | Buy |
| Force Index | 0 | Sell |
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 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 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
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 839.43 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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