(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 2023-05-22 View latest technical analysis
10 day averaged volume of Bharat Forge is 30751
Date | Daily Closing Price | Open | High | Low | Volume |
22 Mon May 2023 | 761.55 | 757.45 | 763.35 | 756.45 | 0.464 times |
19 Fri May 2023 | 757.45 | 769.90 | 769.90 | 753.10 | 0.847 times |
18 Thu May 2023 | 766.00 | 778.25 | 783.85 | 763.00 | 0.988 times |
17 Wed May 2023 | 776.85 | 769.15 | 778.55 | 764.25 | 0.536 times |
16 Tue May 2023 | 769.15 | 772.35 | 773.90 | 764.20 | 0.335 times |
15 Mon May 2023 | 766.70 | 762.95 | 769.70 | 757.80 | 1.513 times |
12 Fri May 2023 | 758.05 | 780.00 | 780.00 | 755.55 | 1.23 times |
11 Thu May 2023 | 778.20 | 774.05 | 782.40 | 773.45 | 1.987 times |
10 Wed May 2023 | 777.00 | 779.45 | 779.45 | 772.05 | 0.534 times |
09 Tue May 2023 | 774.35 | 784.80 | 786.65 | 772.25 | 1.136 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 763.9, but if it comes above 763.9, then a intra day buy could be more profitable.
If you take a sell trade below 763.9, then use 763.9 as stoploss and 748.2 as target. However if you take a buy trade in stock , then use 763.9 as stoploss and 776.92 as target.
Share price targets for Bharat Forge (BharatForge)
Target Type | Value |
Downside Target | 744.00 |
Upside Target | 803.30 |
Upside Target | 809.95 |
Upside Target | 811.80 |
Upside Target | 839.95 |
Upside Target | 845.75 |
Upside Target | 891.95 |
Upside Target | 910.00 |
Intraday share price targets for Bharat Forge (BharatForge)
Target Type | Value |
Downside Intraday Target | 757.55 |
Downside Intraday Target | 753.55 |
Upside Intraday Target | 764.45 |
Upside Intraday Target | 767.35 |
Downside Intraday Target | 760.45 |
Weekly technical analysis of Bharat Forge (BharatForge)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Mon May 2023 | 761.55 | 757.45 | 763.35 | 756.45 | 0.11 times |
19 Fri May 2023 | 757.45 | 762.95 | 783.85 | 753.10 | 0.73 times |
12 Fri May 2023 | 758.05 | 762.05 | 786.65 | 755.55 | 1.068 times |
05 Fri May 2023 | 758.25 | 809.95 | 809.95 | 748.20 | 1.609 times |
28 Fri Apr 2023 | 800.85 | 781.95 | 803.30 | 776.05 | 0.423 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 |
22 Mon May 2023 | 761.55 | 809.95 | 809.95 | 748.20 | 0.912 times |
28 Fri Apr 2023 | 800.85 | 780.00 | 803.30 | 744.00 | 1.02 times |
31 Fri Mar 2023 | 770.10 | 823.85 | 845.75 | 745.60 | 0.64 times |
28 Tue Feb 2023 | 816.05 | 886.95 | 910.00 | 811.80 | 1.035 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Strong and stock is losing momentum.
MACD generated a SELL signal for Bharat Forge in short term and the sell signal is strong.
Bharat Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 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 768.97 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.
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short 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
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 Strong and stock is losing momentum.
MACD generated a SELL signal for Bharat Forge in short term and the sell signal is strong.
Bharat Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 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 768.97 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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