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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 2024-10-24 View latest technical analysis

10 day averaged volume of Bharat Forge is 115584

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	1429.45	1401.35	1432.90	1397.40	0.085 times
23 Wed Oct 2024	1404.25	1409.90	1431.55	1394.00	0.159 times
22 Tue Oct 2024	1406.30	1444.95	1444.95	1401.15	0.126 times
21 Mon Oct 2024	1442.10	1479.35	1495.00	1437.35	0.102 times
18 Fri Oct 2024	1474.70	1478.90	1484.20	1457.40	0.067 times
17 Thu Oct 2024	1469.35	1474.10	1479.40	1443.35	0.14 times
16 Wed Oct 2024	1475.05	1488.30	1488.30	1457.00	0.093 times
15 Tue Oct 2024	1479.95	1503.35	1503.35	1476.00	1.842 times
14 Mon Oct 2024	1490.95	1490.00	1504.45	1473.95	4.205 times
11 Fri Oct 2024	1491.80	1509.45	1509.45	1480.00	0.123 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1441.2, but if it comes above 1441.2, then a intra day buy could be more profitable.
If you take a sell trade below 1441.2, then use 1441.2 as stoploss and 1392.4 as target. However if you take a buy trade in stock , then use 1441.2 as stoploss and 1481.82 as target.

Share price targets for Bharat Forge (BharatForge)

Target Type	Value
Downside Target	1394.00
Upside Target	1474.00
Upside Target	1511.15
Upside Target	1529.95
Upside Target	1551.35
Upside Target	1625.50
Upside Target	1629.40
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	1383.97
Downside Intraday Target	1338.48
Upside Intraday Target	1484.97
Upside Intraday Target	1540.48
Upside Intraday Target	1439.48

Weekly technical analysis of Bharat Forge (BharatForge)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	1429.45	1479.35	1495.00	1394.00	0.074 times
18 Fri Oct 2024	1474.70	1490.00	1504.45	1443.35	1.128 times
11 Fri Oct 2024	1491.80	1473.60	1529.95	1425.00	10.243 times
03 Thu Oct 2024	1489.90	1525.45	1551.35	1474.00	0.607 times
27 Fri Sep 2024	1521.05	1595.00	1625.50	1502.70	0.796 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
24 Thu Oct 2024	1429.45	1516.95	1551.35	1394.00	2.763 times
30 Mon Sep 2024	1516.95	1597.00	1629.40	1502.70	0.645 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 losing momentum.

MACD generated a SELL signal for Bharat Forge in short term and the sell signal is strong.

Bharat Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bharat Forge in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 1482.26 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.