Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-11-28 View latest technical analysis

10 day averaged volume of Bharat Forge is 25612

Date Daily Closing Price Open High Low Volume
28 Tue Nov 2023 1096.65 1131.95 1131.95 1088.00 1.281 times
24 Fri Nov 2023 1115.20 1092.05 1120.50 1092.05 2.27 times
23 Thu Nov 2023 1095.80 1098.00 1106.80 1088.60 1.036 times
22 Wed Nov 2023 1097.15 1087.10 1099.00 1071.00 0.824 times
21 Tue Nov 2023 1077.70 1074.95 1081.10 1067.75 1.363 times
20 Mon Nov 2023 1067.45 1060.00 1070.00 1056.70 0.578 times
17 Fri Nov 2023 1060.25 1057.45 1070.00 1055.10 1.136 times
16 Thu Nov 2023 1057.40 1063.95 1063.95 1048.80 0.878 times
15 Wed Nov 2023 1061.85 1032.05 1064.00 1032.05 0.749 times
13 Mon Nov 2023 1030.95 1048.95 1048.95 1028.50 0.973 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1084.9, but if it comes below 1084.9, then a intra day sell could be more profitable.
If you take a sell trade below 1084.9, then use 1084.9 as stoploss and 1057.57 as target. However if you take a buy trade in stock , then use 1084.9 as stoploss and 1117.7 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
Downside Target 1083.65
Downside Target 1083.90
Downside Target 1088.00
Upside Target 1120.50
Upside Target 1128.00
Upside Target 1131.95
Upside Target 1147.95

Intraday share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Intraday Target 1079.12
Downside Intraday Target 1061.58
Upside Intraday Target 1123.07
Upside Intraday Target 1149.48
Upside Intraday Target 1105.53

Weekly technical analysis of Bharat Forge (BharatForge)

Date Weekly Closing Price Open High Low Volume
28 Tue Nov 2023 1096.65 1131.95 1131.95 1088.00 0.211 times
24 Fri Nov 2023 1115.20 1060.00 1120.50 1056.70 1.545 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

Price has moved down 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
28 Tue Nov 2023 1096.65 1035.50 1131.95 1015.60 0.855 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Bharat Forge in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 1081.6 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 and the buy signal is strong.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Bharat Forge in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 1081.6 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 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme