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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 2024-05-02 View latest technical analysis

10 day averaged volume of Bharat Forge is 50368

Date Daily Closing Price Open High Low Volume
02 Thu May 2024 1274.65 1271.15 1284.80 1263.65 0.231 times
30 Tue Apr 2024 1271.15 1289.65 1301.00 1267.50 0.448 times
29 Mon Apr 2024 1282.85 1311.10 1316.80 1273.75 0.761 times
26 Fri Apr 2024 1310.40 1319.35 1326.35 1306.25 1.148 times
25 Thu Apr 2024 1312.25 1240.00 1325.00 1235.70 4.963 times
24 Wed Apr 2024 1222.20 1227.10 1231.05 1209.50 0.219 times
23 Tue Apr 2024 1206.30 1215.20 1215.20 1195.00 0.174 times
22 Mon Apr 2024 1203.15 1202.40 1214.95 1198.10 0.475 times
19 Fri Apr 2024 1193.10 1175.45 1196.00 1159.00 0.466 times
18 Thu Apr 2024 1185.90 1189.15 1196.15 1174.65 0.762 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1258.7, but if it comes below 1258.7, then a intra day sell could be more profitable.
If you take a sell trade below 1258.7, then use 1258.7 as stoploss and 1204.64 as target. However if you take a buy trade in stock , then use 1258.7 as stoploss and 1323.6 as target.

Share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Target 1063.40
Downside Target 1087.85
Downside Target 1136.00
Downside Target 1263.65
Upside Target 1284.80
Upside Target 1298.50
Upside Target 1316.80
Upside Target 1326.35
Upside Target 1330.00

Intraday share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Intraday Target 1253.27
Downside Intraday Target 1231.88
Upside Intraday Target 1306.42
Upside Intraday Target 1338.18
Upside Intraday Target 1285.03

Weekly technical analysis of Bharat Forge (BharatForge)

Date Weekly Closing Price Open High Low Volume
02 Thu May 2024 1274.65 1311.10 1316.80 1263.65 0.206 times
26 Fri Apr 2024 1310.40 1202.40 1326.35 1195.00 1.964 times
19 Fri Apr 2024 1193.10 1150.05 1196.15 1150.05 0.692 times
12 Fri Apr 2024 1177.55 1151.65 1186.05 1136.00 1.319 times
05 Fri Apr 2024 1145.20 1133.35 1172.25 1105.00 1.122 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
02 Thu May 2024 1274.65 1271.15 1284.80 1263.65 0.011 times
30 Tue Apr 2024 1271.15 1133.35 1326.35 1105.00 1.278 times
28 Thu Mar 2024 1129.45 1146.05 1210.30 1087.85 0.646 times
29 Thu Feb 2024 1151.15 1236.00 1330.00 1063.40 1.766 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bharat Forge stock for short term is BUY. Signal strength is Strong and stock is losing 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 moving up

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 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 1281.85 and Bharat Forge (BharatForge) stock is trading below this level. This means that stock is falling with high volumes. 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bharat Forge stock for short term is BUY. Signal strength is Strong and stock is losing 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 moving up

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 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 1281.85 and Bharat Forge (BharatForge) stock is trading below this level. This means that stock is falling with high volumes. 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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Daily chart
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