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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 2024-12-23 View latest technical analysis

10 day averaged volume of Bharat Forge is 16498

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	1298.55	1297.35	1309.95	1272.45	1.546 times
20 Fri Dec 2024	1279.75	1296.85	1316.15	1274.00	0.852 times
19 Thu Dec 2024	1297.35	1286.05	1316.90	1276.75	1.692 times
18 Wed Dec 2024	1306.65	1349.95	1349.95	1303.65	1.097 times
17 Tue Dec 2024	1341.45	1374.95	1374.95	1334.50	0.723 times
16 Mon Dec 2024	1363.40	1349.20	1372.00	1349.20	0.78 times
13 Fri Dec 2024	1347.60	1350.35	1355.00	1318.85	1.261 times
12 Thu Dec 2024	1352.85	1384.95	1384.95	1351.00	0.537 times
11 Wed Dec 2024	1379.35	1371.35	1384.65	1344.00	1.118 times
10 Tue Dec 2024	1360.15	1365.15	1376.70	1351.05	0.542 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1312.3, but if it comes above 1312.3, then a intra day buy could be more profitable.
If you take a sell trade below 1312.3, then use 1312.3 as stoploss and 1278.8 as target. However if you take a buy trade in stock , then use 1312.3 as stoploss and 1340.18 as target.

Share price targets for Bharat Forge (BharatForge)

Target Type	Value
Downside Target	1272.45
Upside Target	1384.95
Upside Target	1397.75
Upside Target	1487.90
Upside Target	1502.70
Upside Target	1511.15
Upside Target	1551.35
Upside Target	1629.40
Upside Target	1770.45

Intraday share price targets for Bharat Forge (BharatForge)

Target Type	Value
Downside Intraday Target	1277.35
Downside Intraday Target	1256.15
Upside Intraday Target	1314.85
Upside Intraday Target	1331.15
Downside Intraday Target	1293.65

Weekly technical analysis of Bharat Forge (BharatForge)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	1298.55	1297.35	1309.95	1272.45	0.301 times
20 Fri Dec 2024	1279.75	1349.20	1374.95	1274.00	1.059 times
13 Fri Dec 2024	1347.60	1350.05	1384.95	1318.85	0.703 times
06 Fri Dec 2024	1355.00	1330.35	1397.75	1305.35	1.271 times
29 Fri Nov 2024	1331.70	1342.00	1359.75	1310.20	1.156 times

Price has moved up 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
23 Mon Dec 2024	1298.55	1330.35	1397.75	1272.45	0.354 times
29 Fri Nov 2024	1331.70	1415.05	1487.90	1287.60	0.473 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

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 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 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 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 1326.85 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.