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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 2024-05-10 View latest technical analysis

10 day averaged volume of Bharat Forge is 126331

Date Daily Closing Price Open High Low Volume
10 Fri May 2024 1397.15 1421.65 1437.05 1389.85 0.424 times
09 Thu May 2024 1412.15 1409.95 1463.30 1390.25 2.863 times
08 Wed May 2024 1408.10 1242.00 1446.55 1209.00 3.614 times
07 Tue May 2024 1240.20 1248.45 1251.20 1223.60 0.127 times
06 Mon May 2024 1248.00 1256.05 1262.35 1239.00 0.204 times
03 Fri May 2024 1252.35 1275.00 1279.80 1242.65 0.181 times
02 Thu May 2024 1274.65 1271.15 1284.80 1263.65 0.092 times
30 Tue Apr 2024 1271.15 1289.65 1301.00 1267.50 0.179 times
29 Mon Apr 2024 1282.85 1311.10 1316.80 1273.75 0.303 times
26 Fri Apr 2024 1310.40 1319.35 1326.35 1306.25 0.458 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1423.4, for a target of 1332.4 or 1256.49

Share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Target 1063.40
Downside Target 1087.85
Downside Target 1136.00
Downside Target 1181.00
Downside Target 1242.65
Downside Target 1298.50
Downside Target 1316.80
Downside Target 1326.35
Downside Target 1330.00
Upside Target 1463.30

Intraday share price targets for Bharat Forge (BharatForge)

Target Type Value
Downside Intraday Target 1249.67
Downside Intraday Target 1102.18
Upside Intraday Target 1503.97
Upside Intraday Target 1610.78
Downside Intraday Target 1356.48

Weekly technical analysis of Bharat Forge (BharatForge)

Date Weekly Closing Price Open High Low Volume
10 Fri May 2024 1397.15 1256.05 1463.30 1209.00 9.579 times
03 Fri May 2024 1252.35 1311.10 1316.80 1242.65 0.271 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Bharat Forge (BharatForge)

Date Monthly Closing Price Open High Low Volume
10 Fri May 2024 1397.15 1271.15 1463.30 1209.00 0.906 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 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 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 stronger in this stock.

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 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 1385.04 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 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 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 stronger in this stock.

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 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 1385.04 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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Daily chart
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