Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(BHARATFORG) Bharat Forge complete technical analysis [charts+indicators] | Buy/Sell Bharat Forge | (BHARATFORG) share price targets

Complete technical analysis of Bharat Forge (BHARATFORG) by charts plus indicators, forecast predictions and share price targets for Bharat Forge (BHARATFORG)

Bharat Forge trades in NSE in Other Industrial Products sector.

10 day averaged volume of Bharat Forge is 895585

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	1420.05	1450.05	1456.60	1416.15	0.906 times
07 Thu Nov 2024	1446.65	1475.00	1479.45	1441.50	0.653 times
06 Wed Nov 2024	1471.05	1460.90	1482.90	1451.60	1.106 times
05 Tue Nov 2024	1460.80	1450.00	1464.75	1417.50	1.813 times
04 Mon Nov 2024	1422.90	1422.20	1435.00	1395.50	0.799 times
01 Fri Nov 2024	1418.65	1428.00	1428.00	1391.00	0.107 times
31 Thu Oct 2024	1410.15	1415.00	1441.20	1395.25	0.943 times
30 Wed Oct 2024	1420.55	1383.35	1430.00	1376.35	1.224 times
29 Tue Oct 2024	1383.35	1367.00	1387.00	1340.80	0.797 times
28 Mon Oct 2024	1365.50	1392.00	1409.00	1357.90	1.899 times

My analysis of stock is bearish for shortterm, and stock might move down till 1400.3 or till 1359. Use a stoploss of 1434.73 and if the stock hits stoploss, then it can shoot up till 1469.13

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1340.80
Downside Target	1390.00
Upside Target	1425.10
Upside Target	1482.90
Upside Target	1502.60
Upside Target	1505.75
Upside Target	1510.40
Upside Target	1526.90
Upside Target	1555.00
Upside Target	1629.90
Upside Target	1753.00
Upside Target	1771.20

Intraday share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Intraday Target	1382.73
Downside Intraday Target	1345.42
Upside Intraday Target	1470.13
Upside Intraday Target	1520.22
Upside Intraday Target	1432.82

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	1420.05	1422.20	1482.90	1395.50	1.062 times
01 Fri Nov 2024	1418.65	1392.00	1441.20	1340.80	1.154 times
25 Fri Oct 2024	1400.20	1475.00	1496.00	1390.00	0.827 times
18 Fri Oct 2024	1474.75	1486.10	1505.75	1442.75	0.977 times
11 Fri Oct 2024	1492.35	1477.95	1526.90	1425.10	1.323 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 (BHARATFORG)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	1420.05	1428.00	1482.90	1391.00	0.235 times
31 Thu Oct 2024	1410.15	1519.00	1555.00	1340.80	0.846 times
30 Mon Sep 2024	1516.60	1597.00	1629.90	1502.60	0.897 times
30 Fri Aug 2024	1587.00	1740.00	1771.20	1510.40	1.018 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 (BHARATFORG)

Price action analysis of Bharat Forge ( (BHARATFORG) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Bharat Forge ( (BHARATFORG) ) 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 ( (BHARATFORG) ) based on a short to mid 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 ( (BHARATFORG) ) 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 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.

Bharat Forge Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term and selling is picking up 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 1420.85 and Bharat Forge (BHARATFORG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Bharat Forge (BHARATFORG) stock. Volume based technical analysis of Bharat Forge (BHARATFORG) 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.