(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 2023-03-17 View latest technical analysis
10 day averaged volume of Bharat Forge is 26416
Date | Daily Closing Price | Open | High | Low | Volume |
17 Fri Mar 2023 | 800.55 | 804.10 | 822.55 | 793.60 | 2.025 times |
16 Thu Mar 2023 | 788.15 | 795.00 | 795.00 | 776.10 | 1.411 times |
15 Wed Mar 2023 | 793.05 | 788.05 | 808.75 | 788.05 | 0.772 times |
14 Tue Mar 2023 | 787.60 | 795.10 | 795.10 | 779.85 | 1.031 times |
13 Mon Mar 2023 | 795.10 | 814.05 | 824.90 | 791.05 | 1.275 times |
10 Fri Mar 2023 | 821.20 | 823.00 | 823.00 | 814.65 | 0.577 times |
09 Thu Mar 2023 | 824.75 | 841.95 | 844.95 | 823.50 | 1.334 times |
08 Wed Mar 2023 | 833.85 | 829.00 | 835.80 | 819.40 | 0.864 times |
06 Mon Mar 2023 | 828.05 | 826.05 | 834.40 | 826.05 | 0.474 times |
03 Fri Mar 2023 | 825.00 | 845.00 | 845.75 | 814.95 | 0.945 times |
Stock of Bharat Forge (BharatForge) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 801.9, but if it comes above 801.9, then a intra day buy could be more profitable.
If you take a sell trade below 801.9, then use 801.9 as stoploss and 776 as target. However if you take a buy trade in stock , then use 801.9 as stoploss and 823.49 as target.
Share price targets for Bharat Forge (BharatForge)
Target Type | Value |
Downside Target | 776.10 |
Upside Target | 811.80 |
Upside Target | 844.95 |
Upside Target | 845.75 |
Upside Target | 874.20 |
Upside Target | 891.95 |
Upside Target | 896.40 |
Upside Target | 910.00 |
Upside Target | 919.50 |
Intraday share price targets for Bharat Forge (BharatForge)
Target Type | Value |
Downside Intraday Target | 776.13 |
Downside Intraday Target | 751.72 |
Upside Intraday Target | 824.93 |
Upside Intraday Target | 849.32 |
Downside Intraday Target | 800.52 |
Weekly technical analysis of Bharat Forge (BharatForge)
Date | Weekly Closing Price | Open | High | Low | Volume |
17 Fri Mar 2023 | 800.55 | 814.05 | 824.90 | 776.10 | 2.005 times |
10 Fri Mar 2023 | 821.20 | 826.05 | 844.95 | 814.65 | 0.644 times |
03 Fri Mar 2023 | 825.00 | 828.80 | 845.75 | 813.00 | 1.185 times |
24 Fri Feb 2023 | 828.80 | 869.95 | 874.20 | 818.95 | 0.257 times |
17 Fri Feb 2023 | 862.15 | 893.95 | 910.00 | 811.80 | 4.999 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 |
17 Fri Mar 2023 | 800.55 | 823.85 | 845.75 | 776.10 | 0.425 times |
28 Tue Feb 2023 | 816.05 | 886.95 | 910.00 | 811.80 | 1.035 times |
31 Tue Jan 2023 | 875.20 | 884.95 | 891.95 | 839.95 | 0.996 times |
30 Fri Dec 2022 | 879.55 | 864.30 | 919.50 | 827.75 | 0.618 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Bharat Forge stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bharat Forge in short term and the sell 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 LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Bharat Forge in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 806.67 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.
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Bharat Forge stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Bharat Forge in short term and the sell 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 LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Bharat Forge in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 806.67 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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