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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 28399

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed Nov 2023	1115.80	1102.35	1118.15	1102.30	0.405 times
28 Tue Nov 2023	1096.65	1131.95	1131.95	1088.00	1.156 times
24 Fri Nov 2023	1115.20	1092.05	1120.50	1092.05	2.048 times
23 Thu Nov 2023	1095.80	1098.00	1106.80	1088.60	0.934 times
22 Wed Nov 2023	1097.15	1087.10	1099.00	1071.00	0.743 times
21 Tue Nov 2023	1077.70	1074.95	1081.10	1067.75	1.229 times
20 Mon Nov 2023	1067.45	1060.00	1070.00	1056.70	0.521 times
17 Fri Nov 2023	1060.25	1057.45	1070.00	1055.10	1.025 times
16 Thu Nov 2023	1057.40	1063.95	1063.95	1048.80	0.792 times
15 Wed Nov 2023	1061.85	1032.05	1064.00	1032.05	0.676 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 1125.3, for a target of 1091 or 1062.42

Share price targets for Bharat Forge (BharatForge)

Target Type	Value
Downside Target	832.85
Downside Target	887.55
Downside Target	935.75
Downside Target	1002.70
Downside Target	1083.65
Downside Target	1083.90
Downside Target	1088.00
Upside Target	1120.50
Upside Target	1128.00
Upside Target	1131.95
Upside Target	1147.95

Intraday share price targets for Bharat Forge (BharatForge)

Target Type	Value
Downside Intraday Target	1091.88
Downside Intraday Target	1067.97
Upside Intraday Target	1135.83
Upside Intraday Target	1155.87
Downside Intraday Target	1111.92

Weekly technical analysis of Bharat Forge (BharatForge)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed Nov 2023	1115.80	1131.95	1131.95	1088.00	0.285 times
24 Fri Nov 2023	1115.20	1060.00	1120.50	1056.70	1.545 times
17 Fri Nov 2023	1060.25	1045.05	1070.00	1028.50	0.253 times
10 Fri Nov 2023	1039.05	1030.65	1083.65	1015.60	6.225 times
03 Fri Nov 2023	1030.60	1026.05	1043.35	1002.70	0.245 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
29 Wed Nov 2023	1115.80	1035.50	1131.95	1015.60	0.868 times
31 Tue Oct 2023	1018.85	1092.35	1128.00	1002.70	1.29 times
29 Fri Sep 2023	1092.35	1077.45	1147.95	1056.50	0.403 times
31 Thu Aug 2023	1067.05	934.00	1083.90	887.55	2.635 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 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 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 BUY signal in short term and the buying is gaining 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 1087.72 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.