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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 2024-09-25 View latest technical analysis

10 day averaged volume of Bharat Forge is 22100

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	1559.05	1587.70	1587.70	1554.00	0.619 times
24 Tue Sep 2024	1573.10	1585.95	1586.00	1558.00	0.704 times
23 Mon Sep 2024	1583.10	1595.00	1625.50	1577.15	1.6 times
20 Fri Sep 2024	1592.25	1581.75	1600.00	1573.30	0.402 times
19 Thu Sep 2024	1583.85	1578.30	1593.90	1533.65	1.193 times
18 Wed Sep 2024	1576.30	1590.25	1612.50	1562.70	0.36 times
17 Tue Sep 2024	1595.25	1600.75	1610.00	1580.00	0.303 times
16 Mon Sep 2024	1600.60	1621.05	1623.70	1587.00	3.69 times
13 Fri Sep 2024	1615.15	1583.70	1628.50	1583.70	0.728 times
12 Thu Sep 2024	1590.85	1564.00	1593.65	1564.00	0.484 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1562.4, but if it comes above 1562.4, then a intra day buy could be more profitable.
If you take a sell trade below 1562.4, then use 1562.4 as stoploss and 1540.4 as target. However if you take a buy trade in stock , then use 1562.4 as stoploss and 1580.72 as target.

Share price targets for Bharat Forge (BharatForge)

Target Type	Value
Downside Target	1209.00
Downside Target	1406.10
Downside Target	1499.95
Upside Target	1599.00
Upside Target	1625.50
Upside Target	1628.50
Upside Target	1629.40
Upside Target	1646.95
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	1533.53
Downside Intraday Target	1508.02
Upside Intraday Target	1605.03
Upside Intraday Target	1651.02
Upside Intraday Target	1579.52

Weekly technical analysis of Bharat Forge (BharatForge)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	1559.05	1595.00	1625.50	1554.00	0.491 times
20 Fri Sep 2024	1592.25	1621.05	1623.70	1533.65	1.64 times
13 Fri Sep 2024	1615.15	1535.00	1628.50	1525.00	0.372 times
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

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
25 Wed Sep 2024	1559.05	1597.00	1629.40	1525.00	0.586 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Bharat Forge ( (BharatForge) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bharat Forge ( (BharatForge) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Bharat Forge stock for short term is SELL. Signal strength is Weak 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 but selling is losing 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 1590.59 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.