(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.
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