(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 2023-05-24 View latest technical analysis
10 day averaged volume of Bharat Forge is 27923
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed May 2023 | 762.10 | 769.00 | 769.45 | 760.30 | 0.613 times |
| 23 Tue May 2023 | 769.75 | 762.00 | 772.65 | 756.20 | 0.711 times |
| 22 Mon May 2023 | 761.55 | 757.45 | 763.35 | 756.45 | 0.511 times |
| 19 Fri May 2023 | 757.45 | 769.90 | 769.90 | 753.10 | 0.933 times |
| 18 Thu May 2023 | 766.00 | 778.25 | 783.85 | 763.00 | 1.088 times |
| 17 Wed May 2023 | 776.85 | 769.15 | 778.55 | 764.25 | 0.59 times |
| 16 Tue May 2023 | 769.15 | 772.35 | 773.90 | 764.20 | 0.369 times |
| 15 Mon May 2023 | 766.70 | 762.95 | 769.70 | 757.80 | 1.666 times |
| 12 Fri May 2023 | 758.05 | 780.00 | 780.00 | 755.55 | 1.355 times |
| 11 Thu May 2023 | 778.20 | 774.05 | 782.40 | 773.45 | 2.188 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 761.9 as stoploss in an intra day buy trade for a target of 774.83. However, stock will show a bearish move below 761.9.
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 744.00 |
| Upside Target | 772.65 |
| 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 | 754.65 |
| Downside Intraday Target | 747.2 |
| Upside Intraday Target | 771.1 |
| Upside Intraday Target | 780.1 |
| Upside Intraday Target | 763.65 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed May 2023 | 762.10 | 757.45 | 772.65 | 756.20 | 0.395 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 |
| 24 Wed May 2023 | 762.10 | 809.95 | 809.95 | 748.20 | 0.981 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 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.
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 SELL signal in short term but selling is losing 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 767.46 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 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.
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 SELL signal in short term but selling is losing 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 767.46 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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