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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)

Showing technical analysis as on 2023-05-30 View latest technical analysis

10 day averaged volume of Bharat Forge is 21095

Date Daily Closing Price Open High Low Volume
30 Tue May 2023 782.05 790.25 793.65 780.50 1.347 times
29 Mon May 2023 787.15 772.05 788.55 766.55 2.378 times
26 Fri May 2023 767.75 757.60 768.85 756.00 0.665 times
25 Thu May 2023 757.00 762.10 765.25 754.05 0.584 times
24 Wed May 2023 762.10 769.00 769.45 760.30 0.811 times
23 Tue May 2023 769.75 762.00 772.65 756.20 0.942 times
22 Mon May 2023 761.55 757.45 763.35 756.45 0.676 times
19 Fri May 2023 757.45 769.90 769.90 753.10 1.235 times
18 Thu May 2023 766.00 778.25 783.85 763.00 1.44 times
17 Wed May 2023 776.85 769.15 778.55 764.25 0.781 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 779.6, but if it comes below 779.6, then a intra day sell could be more profitable.
If you take a sell trade below 779.6, then use 779.6 as stoploss and 770.36 as target. However if you take a buy trade in stock , then use 779.6 as stoploss and 790.6 as target.

Share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Target 744.00
Upside Target 793.65
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 767.85
Downside Intraday Target 753.65
Upside Intraday Target 794.95
Upside Intraday Target 807.85
Downside Intraday Target 780.75

Weekly technical analysis of Bharat Forge (BharatForge)

Date Weekly Closing Price Open High Low Volume
30 Tue May 2023 782.05 772.05 793.65 766.55 1.013 times
26 Fri May 2023 767.75 757.45 772.65 754.05 0.598 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

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
30 Tue May 2023 782.05 809.95 809.95 748.20 1.177 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bharat Forge in short term but the buy signal is initial and weak.

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 red color and prices are in or above the red cloud Prices appear to be coming down

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 771.81 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.

Price action analysis of Bharat Forge ( (BharatForge) ) based on a short 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.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Bharat Forge in short term but the buy signal is initial and weak.

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 red color and prices are in or above the red cloud Prices appear to be coming down

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 771.81 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.

Click here for Bharat Forge charts

Click here for further forecast and predictions for tomorrow

Daily charts

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