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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 2023-11-20 View latest technical analysis

10 day averaged volume of Bharat Forge is 49877

Date Daily Closing Price Open High Low Volume
20 Mon Nov 2023 1067.45 1060.00 1070.00 1056.70 0.297 times
17 Fri Nov 2023 1060.25 1057.45 1070.00 1055.10 0.583 times
16 Thu Nov 2023 1057.40 1063.95 1063.95 1048.80 0.451 times
15 Wed Nov 2023 1061.85 1032.05 1064.00 1032.05 0.385 times
13 Mon Nov 2023 1030.95 1048.95 1048.95 1028.50 0.499 times
12 Sun Nov 2023 1045.85 1045.05 1052.35 1042.00 0.099 times
10 Fri Nov 2023 1039.05 1043.35 1043.35 1018.80 0.664 times
09 Thu Nov 2023 1032.55 1035.00 1045.95 1030.25 0.548 times
08 Wed Nov 2023 1034.30 1060.05 1063.00 1027.25 0.505 times
07 Tue Nov 2023 1054.75 1079.95 1079.95 1015.60 3.559 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1057.9, but if it comes below 1057.9, then a intra day sell could be more profitable.
If you take a sell trade below 1057.9, then use 1057.9 as stoploss and 1041.2 as target. However if you take a buy trade in stock , then use 1057.9 as stoploss and 1078 as target.

Share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Target 832.85
Downside Target 887.55
Downside Target 935.75
Downside Target 1002.70
Upside Target 1070.00
Upside Target 1083.65
Upside Target 1083.90
Upside Target 1085.00
Upside Target 1128.00
Upside Target 1147.95

Intraday share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Intraday Target 1059.43
Downside Intraday Target 1051.42
Upside Intraday Target 1072.73
Upside Intraday Target 1078.02
Downside Intraday Target 1064.72

Weekly technical analysis of Bharat Forge (BharatForge)

Date Weekly Closing Price Open High Low Volume
20 Mon Nov 2023 1067.45 1060.00 1070.00 1056.70 0.147 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
03 Fri Nov 2023 1030.60 1026.05 1043.35 1002.70 0.245 times
27 Fri Oct 2023 1025.50 1070.00 1085.00 1008.95 5.532 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
20 Mon Nov 2023 1067.45 1035.50 1083.65 1015.60 0.648 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
31 Thu Aug 2023 1067.05 934.00 1083.90 887.55 2.635 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 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 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 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 Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

CCI has generated a buy signal for Bharat Forge in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 1050.17 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 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 negative.

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 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 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 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 Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

CCI has generated a buy signal for Bharat Forge in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 1050.17 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 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 negative.

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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Daily chart
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