(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 2024-05-21 View latest technical analysis
10 day averaged volume of Bharat Forge is 103724
Date | Daily Closing Price | Open | High | Low | Volume |
21 Tue May 2024 | 1502.50 | 1490.00 | 1510.00 | 1466.35 | 0.337 times |
18 Sat May 2024 | 1490.15 | 1493.95 | 1493.95 | 1477.10 | 0.028 times |
17 Fri May 2024 | 1478.75 | 1483.15 | 1492.15 | 1471.00 | 0.27 times |
16 Thu May 2024 | 1483.70 | 1471.95 | 1492.20 | 1458.00 | 0.23 times |
15 Wed May 2024 | 1462.35 | 1448.75 | 1467.20 | 1432.50 | 0.432 times |
14 Tue May 2024 | 1442.00 | 1413.00 | 1447.55 | 1407.95 | 0.193 times |
13 Mon May 2024 | 1415.20 | 1394.30 | 1422.75 | 1369.20 | 0.286 times |
10 Fri May 2024 | 1397.15 | 1421.65 | 1437.05 | 1389.85 | 0.517 times |
09 Thu May 2024 | 1412.15 | 1409.95 | 1463.30 | 1390.25 | 3.487 times |
08 Wed May 2024 | 1408.10 | 1242.00 | 1446.55 | 1209.00 | 4.402 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1455.6, but if it comes below 1455.6, then a intra day sell could be more profitable.
If you take a sell trade below 1455.6, then use 1455.6 as stoploss and 1355.62 as target. However if you take a buy trade in stock , then use 1455.6 as stoploss and 1575.6 as target.
Share price targets for Bharat Forge (BharatForge)
Target Type | Value |
Downside Target | 1063.40 |
Downside Target | 1087.85 |
Downside Target | 1181.00 |
Downside Target | 1242.65 |
Downside Target | 1298.50 |
Downside Target | 1330.00 |
Downside Target | 1369.20 |
Downside Target | 1463.30 |
Downside Target | 1466.35 |
Downside Target | 1493.95 |
Upside Target | 1510.00 |
Intraday share price targets for Bharat Forge (BharatForge)
Target Type | Value |
Downside Intraday Target | 1475.9 |
Downside Intraday Target | 1449.3 |
Upside Intraday Target | 1519.55 |
Upside Intraday Target | 1536.6 |
Downside Intraday Target | 1492.95 |
Weekly technical analysis of Bharat Forge (BharatForge)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Tue May 2024 | 1502.50 | 1490.00 | 1510.00 | 1466.35 | 0.234 times |
18 Sat May 2024 | 1490.15 | 1394.30 | 1493.95 | 1369.20 | 0.163 times |
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 |
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 |
21 Tue May 2024 | 1502.50 | 1271.15 | 1510.00 | 1209.00 | 1.082 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 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 1419.01 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 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 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 1419.01 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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