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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 2024-11-22 View latest technical analysis

10 day averaged volume of Bharat Forge is 64506

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	1315.80	1296.30	1325.95	1296.30	0.244 times
21 Thu Nov 2024	1296.80	1315.00	1315.60	1290.00	0.242 times
19 Tue Nov 2024	1322.75	1297.95	1355.10	1297.95	0.24 times
18 Mon Nov 2024	1303.40	1329.25	1333.00	1287.60	0.476 times
14 Thu Nov 2024	1328.40	1310.85	1356.00	1302.55	0.61 times
13 Wed Nov 2024	1321.45	1340.00	1362.45	1312.80	0.523 times
12 Tue Nov 2024	1360.05	1397.55	1397.55	1342.00	0.194 times
11 Mon Nov 2024	1396.55	1417.90	1418.45	1381.70	0.227 times
08 Fri Nov 2024	1419.35	1454.30	1456.30	1416.40	0.253 times
07 Thu Nov 2024	1448.45	1487.90	1487.90	1442.60	0.247 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1331.5, but if it comes above 1331.5, then a intra day buy could be more profitable.
If you take a sell trade below 1331.5, then use 1331.5 as stoploss and 1267.7 as target. However if you take a buy trade in stock , then use 1331.5 as stoploss and 1384.73 as target.

Share price targets for Bharat Forge (BharatForge)

Target Type	Value
Downside Target	1287.60
Upside Target	1341.40
Upside Target	1391.00
Upside Target	1487.90
Upside Target	1495.00
Upside Target	1499.95
Upside Target	1502.70
Upside Target	1511.15
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	1283.9
Downside Intraday Target	1252
Upside Intraday Target	1351.4
Upside Intraday Target	1387
Upside Intraday Target	1319.5

Weekly technical analysis of Bharat Forge (BharatForge)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	1315.80	1329.25	1355.10	1287.60	0.774 times
14 Thu Nov 2024	1328.40	1417.90	1418.45	1302.55	0.172 times
08 Fri Nov 2024	1419.35	1430.00	1487.90	1396.75	1.804 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

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
22 Fri Nov 2024	1315.80	1415.05	1487.90	1287.60	0.424 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1342.73 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.