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(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 2024-11-06 View latest technical analysis

10 day averaged volume of Bharat Forge is 869838

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1471.05	1460.90	1482.90	1451.60	1.138 times
05 Tue Nov 2024	1460.80	1450.00	1464.75	1417.50	1.866 times
04 Mon Nov 2024	1422.90	1422.20	1435.00	1395.50	0.823 times
01 Fri Nov 2024	1418.65	1428.00	1428.00	1391.00	0.11 times
31 Thu Oct 2024	1410.15	1415.00	1441.20	1395.25	0.971 times
30 Wed Oct 2024	1420.55	1383.35	1430.00	1376.35	1.26 times
29 Tue Oct 2024	1383.35	1367.00	1387.00	1340.80	0.821 times
28 Mon Oct 2024	1365.50	1392.00	1409.00	1357.90	1.955 times
25 Fri Oct 2024	1400.20	1438.05	1439.95	1390.00	0.68 times
24 Thu Oct 2024	1429.65	1405.00	1432.90	1397.30	0.547 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1479.9 as stoploss in an intra day sell trade for a target of 1441.07. However, stock will show a bullish move above 1479.9.

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1340.80
Downside Target	1390.00
Downside 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	1416.73
Downside Intraday Target	1362.42
Upside Intraday Target	1504.13
Upside Intraday Target	1537.22
Downside Intraday Target	1449.82

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	1471.05	1422.20	1482.90	1395.50	0.748 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
06 Wed Nov 2024	1471.05	1428.00	1482.90	1391.00	0.167 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 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 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 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 BUY. 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.

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

Bharat Forge Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 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 1418.31 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.