(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 2023-01-20 View latest technical analysis
10 day averaged volume of Bharat Forge is 50746
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Jan 2023 | 861.30 | 875.95 | 882.20 | 860.10 | 0.392 times |
| 19 Thu Jan 2023 | 874.30 | 876.00 | 878.40 | 865.90 | 0.274 times |
| 18 Wed Jan 2023 | 872.50 | 864.70 | 875.30 | 861.30 | 0.312 times |
| 17 Tue Jan 2023 | 862.80 | 856.05 | 868.85 | 856.05 | 5.224 times |
| 16 Mon Jan 2023 | 860.85 | 875.00 | 879.60 | 857.65 | 0.978 times |
| 13 Fri Jan 2023 | 873.10 | 868.05 | 877.65 | 864.35 | 1.718 times |
| 12 Thu Jan 2023 | 873.50 | 869.00 | 879.70 | 868.60 | 0.251 times |
| 11 Wed Jan 2023 | 865.20 | 882.05 | 890.45 | 860.30 | 0.397 times |
| 10 Tue Jan 2023 | 882.35 | 886.45 | 887.85 | 876.30 | 0.297 times |
| 09 Mon Jan 2023 | 882.55 | 869.50 | 884.75 | 869.50 | 0.254 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 865.8, but if it comes above 865.8, then a intra day buy could be more profitable.
If you take a sell trade below 865.8, then use 865.8 as stoploss and 857.1 as target. However if you take a buy trade in stock , then use 865.8 as stoploss and 873.05 as target.
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 677.85 |
| Downside Target | 801.05 |
| Downside Target | 860.30 |
| Upside Target | 882.20 |
| Upside Target | 886.00 |
| Upside Target | 890.45 |
| Upside Target | 891.95 |
| Upside Target | 896.40 |
| Upside Target | 905.00 |
| Upside Target | 919.50 |
Intraday share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Intraday Target | 850.83 |
| Downside Intraday Target | 840.37 |
| Upside Intraday Target | 876.98 |
| Upside Intraday Target | 892.67 |
| Upside Intraday Target | 866.52 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Jan 2023 | 861.30 | 875.00 | 882.20 | 856.05 | 2.461 times |
| 13 Fri Jan 2023 | 873.10 | 869.50 | 890.45 | 860.30 | 0.938 times |
| 06 Fri Jan 2023 | 869.45 | 884.95 | 891.95 | 855.80 | 1.194 times |
| 30 Fri Dec 2022 | 879.55 | 840.35 | 886.00 | 832.90 | 0.812 times |
| 23 Fri Dec 2022 | 842.50 | 882.05 | 905.00 | 827.75 | 0.526 times |
Price has moved down 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 |
| 20 Fri Jan 2023 | 861.30 | 884.95 | 891.95 | 855.80 | 0.843 times |
| 30 Fri Dec 2022 | 879.55 | 864.30 | 919.50 | 827.75 | 0.618 times |
| 30 Wed Nov 2022 | 858.95 | 831.15 | 896.40 | 816.40 | 0.801 times |
| 31 Mon Oct 2022 | 834.70 | 693.45 | 847.15 | 683.05 | 1.269 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 | 13, 21, 24 | Sell |
| MACD | 6, 9 | Sell |
| Stochastics | 39 | None |
| CCI | -62 | Sell |
| RSI | 47 | Sell |
| OBV | 117571 | Sell |
| VWAP | 866 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 866.35 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 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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