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 2024-08-21 View latest technical analysis

10 day averaged volume of Bharat Forge is 1519079

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	1600.00	1577.00	1610.00	1573.15	0.562 times
20 Tue Aug 2024	1577.40	1600.00	1604.65	1551.05	0.686 times
19 Mon Aug 2024	1587.70	1610.00	1613.70	1560.15	0.781 times
16 Fri Aug 2024	1584.50	1582.90	1601.80	1575.80	0.49 times
14 Wed Aug 2024	1567.20	1574.10	1583.95	1553.25	0.306 times
13 Tue Aug 2024	1581.05	1594.95	1605.00	1576.25	0.315 times
12 Mon Aug 2024	1593.55	1629.95	1629.95	1565.55	1.087 times
09 Fri Aug 2024	1636.55	1628.05	1654.95	1617.90	1.328 times
08 Thu Aug 2024	1605.45	1562.00	1643.00	1536.15	2.705 times
07 Wed Aug 2024	1557.45	1559.00	1576.50	1530.00	0.96 times

My analysis of stock is bearish for shortterm, and stock might move down till 1554.8 or till 1475.4. Use a stoploss of 1620.86 and if the stock hits stoploss, then it can shoot up till 1686.96

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1105.30
Downside Target	1209.15
Downside Target	1326.00
Downside Target	1406.25
Downside Target	1500.00
Downside Target	1551.05
Downside Target	1600.00
Upside Target	1654.95
Upside Target	1694.30
Upside Target	1753.00
Upside Target	1771.20
Upside Target	1804.50

Intraday share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Intraday Target	1562.8
Downside Intraday Target	1525.6
Upside Intraday Target	1625.45
Upside Intraday Target	1650.9
Downside Intraday Target	1588.25

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	1600.00	1610.00	1613.70	1551.05	0.923 times
16 Fri Aug 2024	1584.50	1629.95	1629.95	1553.25	0.273 times
09 Fri Aug 2024	1636.55	1579.95	1654.95	1510.40	2.135 times
02 Fri Aug 2024	1655.40	1694.95	1771.20	1648.00	0.741 times
26 Fri Jul 2024	1684.90	1569.95	1694.30	1500.00	1.817 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
21 Wed Aug 2024	1600.00	1740.00	1771.20	1510.40	0.797 times
31 Wed Jul 2024	1733.50	1673.10	1753.00	1500.00	0.767 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

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 and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 1596.39 and Bharat Forge (BHARATFORG) 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 (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.