(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 2023-01-25 View latest technical analysis
10 day averaged volume of Bharat Forge is 50784
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Wed Jan 2023 | 862.60 | 868.60 | 869.55 | 849.35 | 0.405 times |
| 24 Tue Jan 2023 | 869.95 | 879.00 | 883.45 | 865.85 | 0.199 times |
| 23 Mon Jan 2023 | 879.00 | 867.85 | 881.00 | 864.85 | 0.262 times |
| 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 | 5.22 times |
| 16 Mon Jan 2023 | 860.85 | 875.00 | 879.60 | 857.65 | 0.977 times |
| 13 Fri Jan 2023 | 873.10 | 868.05 | 877.65 | 864.35 | 1.717 times |
| 12 Thu Jan 2023 | 873.50 | 869.00 | 879.70 | 868.60 | 0.251 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 864.8, but if it comes above 864.8, then a intra day buy could be more profitable.
If you take a sell trade below 864.8, then use 864.8 as stoploss and 855.5 as target. However if you take a buy trade in stock , then use 864.8 as stoploss and 872.49 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 | 883.45 |
| Upside Target | 886.00 |
| Upside Target | 890.45 |
| Upside Target | 891.95 |
| Upside Target | 896.40 |
| Upside Target | 919.50 |
Intraday share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Intraday Target | 846.82 |
| Downside Intraday Target | 831.03 |
| Upside Intraday Target | 880.92 |
| Upside Intraday Target | 899.23 |
| Upside Intraday Target | 865.13 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Wed Jan 2023 | 862.60 | 867.85 | 883.45 | 849.35 | 0.121 times |
| 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 |
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 |
| 25 Wed Jan 2023 | 862.60 | 884.95 | 891.95 | 849.35 | 0.899 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 | 10, 24, 39 | Sell |
| MACD | 5, 7 | Sell |
| Stochastics | 49 | None |
| CCI | -145 | Sell |
| RSI | 51 | Buy |
| OBV | 128847 | Sell |
| VWAP | 866 | Sell |
| ADL | 0 | Sell |
| ROC | -0 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Bharat Forge ( (BharatForge) ) based on a mid to longer 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.
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 weakening, and bulls are picking up momentum!
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 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 865.76 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.
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