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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 2024-10-29 View latest technical analysis

10 day averaged volume of Bharat Forge is 32205

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	1383.65	1369.90	1387.35	1341.40	0.832 times
28 Mon Oct 2024	1363.10	1382.05	1405.50	1357.35	0.402 times
25 Fri Oct 2024	1400.05	1450.00	1450.00	1391.00	0.217 times
24 Thu Oct 2024	1429.45	1401.35	1432.90	1397.40	0.305 times
23 Wed Oct 2024	1404.25	1409.90	1431.55	1394.00	0.57 times
22 Tue Oct 2024	1406.30	1444.95	1444.95	1401.15	0.451 times
21 Mon Oct 2024	1442.10	1479.35	1495.00	1437.35	0.366 times
18 Fri Oct 2024	1474.70	1478.90	1484.20	1457.40	0.242 times
17 Thu Oct 2024	1469.35	1474.10	1479.40	1443.35	0.504 times
16 Wed Oct 2024	1475.05	1488.30	1488.30	1457.00	0.334 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1412.3, but if it comes above 1412.3, then a intra day buy could be more profitable.
If you take a sell trade below 1412.3, then use 1412.3 as stoploss and 1356.5 as target. However if you take a buy trade in stock , then use 1412.3 as stoploss and 1458.75 as target.

Share price targets for Bharat Forge (BharatForge)

Target Type	Value
Downside Target	1341.40
Upside Target	1391.00
Upside Target	1474.00
Upside Target	1511.15
Upside Target	1529.95
Upside Target	1551.35
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	1348.2
Downside Intraday Target	1312.75
Upside Intraday Target	1412.3
Upside Intraday Target	1440.95
Downside Intraday Target	1376.85

Weekly technical analysis of Bharat Forge (BharatForge)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	1383.65	1382.05	1405.50	1341.40	0.647 times
25 Fri Oct 2024	1400.05	1479.35	1495.00	1391.00	0.084 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

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
29 Tue Oct 2024	1383.65	1516.95	1551.35	1341.40	2.85 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 gaining 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 getting stronger in this stock.

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

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 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 1418.78 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.