(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 2024-09-06 View latest technical analysis
10 day averaged volume of Bharat Forge is 30106
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 1551.30 | 1611.30 | 1611.30 | 1547.35 | 2.92 times |
| 05 Thu Sep 2024 | 1609.20 | 1626.70 | 1629.40 | 1590.55 | 1.172 times |
| 04 Wed Sep 2024 | 1606.30 | 1580.55 | 1615.45 | 1553.75 | 1.309 times |
| 03 Tue Sep 2024 | 1566.95 | 1574.20 | 1591.40 | 1563.75 | 0.437 times |
| 02 Mon Sep 2024 | 1561.30 | 1597.00 | 1597.00 | 1545.65 | 1.319 times |
| 30 Fri Aug 2024 | 1587.00 | 1585.00 | 1590.00 | 1577.00 | 0.186 times |
| 29 Thu Aug 2024 | 1577.05 | 1584.25 | 1584.25 | 1556.25 | 0.953 times |
| 28 Wed Aug 2024 | 1584.25 | 1607.05 | 1610.35 | 1580.00 | 0.614 times |
| 27 Tue Aug 2024 | 1606.15 | 1646.95 | 1646.95 | 1603.00 | 1.802 times |
| 26 Mon Aug 2024 | 1635.00 | 1620.85 | 1638.05 | 1613.20 | 0.596 times |
Stock of Bharat Forge (BharatForge) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1541.3, for a target of 1569.3 or 1592.61
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 1209.00 |
| Downside Target | 1406.10 |
| Downside Target | 1499.95 |
| Downside Target | 1545.65 |
| Upside Target | 1599.00 |
| Upside Target | 1629.40 |
| Upside Target | 1646.95 |
| Upside Target | 1647.30 |
| Upside Target | 1654.10 |
| Upside Target | 1752.75 |
| Upside Target | 1770.45 |
| Upside Target | 1826.20 |
Intraday share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Intraday Target | 1521.5 |
| Downside Intraday Target | 1491.7 |
| Upside Intraday Target | 1605.25 |
| Upside Intraday Target | 1659.2 |
| Upside Intraday Target | 1575.45 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri Sep 2024 | 1551.30 | 1597.00 | 1629.40 | 1545.65 | 1.724 times |
| 30 Fri Aug 2024 | 1587.00 | 1620.85 | 1646.95 | 1556.25 | 0.931 times |
| 23 Fri Aug 2024 | 1620.85 | 1614.00 | 1647.30 | 1551.50 | 2.052 times |
| 16 Fri Aug 2024 | 1581.40 | 1625.05 | 1625.05 | 1554.40 | 0.184 times |
| 09 Fri Aug 2024 | 1636.25 | 1540.55 | 1654.10 | 1511.15 | 0.917 times |
Price has moved down 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 |
| 06 Fri Sep 2024 | 1551.30 | 1597.00 | 1629.40 | 1545.65 | 0.257 times |
| 30 Fri Aug 2024 | 1587.00 | 1747.45 | 1770.45 | 1511.15 | 0.522 times |
| 31 Wed Jul 2024 | 1734.15 | 1678.00 | 1752.75 | 1499.95 | 2.094 times |
| 28 Fri Jun 2024 | 1669.35 | 1630.05 | 1826.20 | 1406.10 | 0.525 times |
Scroll below to view daily charts
Price has moved down 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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Bharat Forge in short term and the sell signal is strong.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Bharat Forge in short term and SELL 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
Stock of Bharat Forge is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1583.14 and Bharat Forge (BharatForge) stock is trading below this level. This means that stock is falling with high volumes. 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 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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Bharat Forge in short term and the sell signal is strong.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Bharat Forge in short term and SELL 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
Stock of Bharat Forge is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1583.14 and Bharat Forge (BharatForge) stock is trading below this level. This means that stock is falling with high volumes. 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.
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