(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 2024-11-06 View latest technical analysis
10 day averaged volume of Bharat Forge is 46006
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 1471.05 | 1456.30 | 1483.25 | 1451.25 | 9.799 times |
| 05 Tue Nov 2024 | 1459.55 | 1434.25 | 1464.00 | 1418.00 | 1.651 times |
| 04 Mon Nov 2024 | 1423.25 | 1430.00 | 1435.90 | 1396.75 | 0.546 times |
| 01 Fri Nov 2024 | 1419.15 | 1415.05 | 1425.60 | 1389.55 | 0.173 times |
| 31 Thu Oct 2024 | 1411.20 | 1419.70 | 1441.10 | 1395.85 | 0.555 times |
| 30 Wed Oct 2024 | 1421.15 | 1380.20 | 1429.95 | 1377.30 | 5.445 times |
| 29 Tue Oct 2024 | 1383.65 | 1369.90 | 1387.35 | 1341.40 | 0.583 times |
| 28 Mon Oct 2024 | 1363.10 | 1382.05 | 1405.50 | 1357.35 | 0.281 times |
| 25 Fri Oct 2024 | 1400.05 | 1450.00 | 1450.00 | 1391.00 | 0.152 times |
| 24 Thu Oct 2024 | 1429.45 | 1401.35 | 1432.90 | 1397.40 | 0.213 times |
Stock of Bharat Forge (BharatForge) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1479.8 as stoploss in an intra day sell trade for a target of 1440.84. However, stock will show a bullish move above 1479.8.
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 1341.40 |
| Downside Target | 1389.55 |
| Downside Target | 1425.00 |
| Upside Target | 1483.25 |
| Upside Target | 1502.70 |
| Upside Target | 1504.45 |
| Upside Target | 1511.15 |
| Upside Target | 1529.95 |
| Upside Target | 1551.35 |
| Upside Target | 1629.40 |
| Upside Target | 1752.75 |
| Upside Target | 1770.45 |
Intraday share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Intraday Target | 1417.45 |
| Downside Intraday Target | 1363.85 |
| Upside Intraday Target | 1503.95 |
| Upside Intraday Target | 1536.85 |
| Downside Intraday Target | 1450.35 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 1471.05 | 1430.00 | 1483.25 | 1396.75 | 1.704 times |
| 01 Fri Nov 2024 | 1419.15 | 1382.05 | 1441.10 | 1341.40 | 5.269 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 |
Price has moved up 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 Wed Nov 2024 | 1471.05 | 1415.05 | 1483.25 | 1389.55 | 0.308 times |
| 31 Thu Oct 2024 | 1411.20 | 1516.95 | 1551.35 | 1341.40 | 3.361 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 |
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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Bharat Forge in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red 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 1447.34 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Bharat Forge in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red 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 1447.34 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Bharat Forge charts
Click here for further forecast and predictions for tomorrow