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.

Showing technical analysis as on 2024-07-16 View latest technical analysis

10 day averaged volume of Bharat Forge is 1140988

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	1653.35	1634.25	1663.75	1634.05	0.714 times
15 Mon Jul 2024	1633.80	1628.00	1637.50	1602.65	1.111 times
12 Fri Jul 2024	1618.95	1647.00	1648.60	1613.95	0.972 times
11 Thu Jul 2024	1640.70	1665.65	1665.65	1632.00	0.733 times
10 Wed Jul 2024	1659.80	1678.60	1678.60	1603.00	0.821 times
09 Tue Jul 2024	1670.00	1681.00	1681.85	1662.45	0.538 times
08 Mon Jul 2024	1674.10	1682.95	1693.25	1646.25	1.313 times
05 Fri Jul 2024	1672.25	1678.00	1686.00	1660.50	1.064 times
04 Thu Jul 2024	1670.30	1650.00	1680.40	1627.25	1.325 times
03 Wed Jul 2024	1657.60	1669.95	1669.95	1639.05	0.907 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1638.6 as stoploss in an intra day buy trade for a target of 1680.11. However, stock will show a bearish move below 1638.6.

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1088.00
Downside Target	1209.15
Downside Target	1326.00
Downside Target	1406.25
Downside Target	1600.00
Upside Target	1663.75
Upside Target	1688.00
Upside Target	1693.25
Upside Target	1696.80
Upside Target	1776.30
Upside Target	1804.50

Intraday share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Intraday Target	1616.08
Downside Intraday Target	1578.82
Upside Intraday Target	1677.18
Upside Intraday Target	1701.02
Downside Intraday Target	1639.92

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	1653.35	1628.00	1663.75	1602.65	0.417 times
12 Fri Jul 2024	1618.95	1682.95	1693.25	1603.00	0.794 times
05 Fri Jul 2024	1672.25	1673.10	1696.80	1627.25	0.874 times
28 Fri Jun 2024	1670.35	1749.00	1776.30	1666.45	0.771 times
21 Fri Jun 2024	1752.20	1720.00	1804.50	1688.00	1.129 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
16 Tue Jul 2024	1653.35	1673.10	1696.80	1602.65	0.386 times
28 Fri Jun 2024	1670.35	1649.95	1804.50	1406.25	0.763 times
31 Fri May 2024	1554.55	1271.50	1600.00	1209.15	1.557 times
30 Tue Apr 2024	1271.20	1132.20	1326.00	1105.30	1.27 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 (BHARATFORG)

Price action analysis of Bharat Forge ( (BHARATFORG) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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

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 but the sell signal is initial and weak.

Bharat Forge Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 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 1655.82 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.