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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 48973

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	1176.95	1165.15	1180.00	1163.60	0.923 times
07 Thu Dec 2023	1164.85	1170.70	1177.75	1160.50	0.633 times
06 Wed Dec 2023	1169.25	1175.00	1180.00	1164.00	0.441 times
05 Tue Dec 2023	1170.05	1165.00	1185.90	1158.95	1.807 times
04 Mon Dec 2023	1157.85	1174.60	1175.35	1155.55	1.332 times
01 Fri Dec 2023	1156.80	1127.05	1163.00	1124.60	2.27 times
30 Thu Nov 2023	1120.45	1115.00	1128.05	1111.00	0.883 times
29 Wed Nov 2023	1115.80	1102.35	1118.15	1102.30	0.235 times
28 Tue Nov 2023	1096.65	1131.95	1131.95	1088.00	0.67 times
24 Fri Nov 2023	1115.20	1092.05	1120.50	1092.05	1.187 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1151.2, but if it comes below 1151.2, then a intra day sell could be more profitable.
If you take a sell trade below 1151.2, then use 1151.2 as stoploss and 1103.87 as target. However if you take a buy trade in stock , then use 1151.2 as stoploss and 1208.1 as target.

Share price targets for Bharat Forge (BharatForge)

Target Type	Value
Downside Target	887.55
Downside Target	1002.70
Downside Target	1056.50
Downside Target	1120.50
Downside Target	1124.60
Downside Target	1128.00
Downside Target	1131.95
Downside Target	1147.95
Downside Target	1155.55
Downside Target	1163.00
Upside Target	1185.90

Intraday share price targets for Bharat Forge (BharatForge)

Target Type	Value
Downside Intraday Target	1159.7
Downside Intraday Target	1142.45
Upside Intraday Target	1190.05
Upside Intraday Target	1203.15
Downside Intraday Target	1172.8

Weekly technical analysis of Bharat Forge (BharatForge)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	1176.95	1174.60	1185.90	1155.55	1.265 times
01 Fri Dec 2023	1156.80	1131.95	1163.00	1088.00	1.278 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

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
08 Fri Dec 2023	1176.95	1127.05	1185.90	1124.60	0.47 times
30 Thu Nov 2023	1120.45	1035.50	1131.95	1015.60	0.92 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

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 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 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 but buying is losing 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 1149.39 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.