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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 2024-12-05 View latest technical analysis

10 day averaged volume of Bharat Forge is 909300

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	1379.20	1394.95	1394.95	1360.85	1.374 times
04 Wed Dec 2024	1377.90	1364.90	1386.45	1351.40	2.223 times
03 Tue Dec 2024	1350.40	1346.00	1355.95	1338.10	0.871 times
02 Mon Dec 2024	1343.75	1329.50	1349.80	1305.35	1.08 times
29 Fri Nov 2024	1332.25	1332.00	1345.85	1325.95	0.776 times
28 Thu Nov 2024	1329.20	1326.00	1360.30	1316.85	1.379 times
27 Wed Nov 2024	1325.40	1325.25	1332.40	1313.20	0.396 times
26 Tue Nov 2024	1322.15	1320.00	1333.60	1315.25	0.519 times
25 Mon Nov 2024	1319.55	1328.00	1350.00	1314.55	1.77 times
22 Fri Nov 2024	1316.15	1299.00	1326.70	1296.35	0.358 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 1400.1 as stoploss in an intra day sell trade for a target of 1353.31. However, stock will show a bullish move above 1400.1.

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1286.60
Downside Target	1340.80
Upside Target	1394.95
Upside Target	1420.05
Upside Target	1482.90
Upside Target	1502.60
Upside Target	1510.40
Upside Target	1555.00
Upside Target	1629.90
Upside Target	1771.20

Intraday share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Intraday Target	1324.72
Downside Intraday Target	1270.23
Upside Intraday Target	1414.32
Upside Intraday Target	1449.43
Downside Intraday Target	1359.83

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	1379.20	1329.50	1394.95	1305.35	1.146 times
29 Fri Nov 2024	1332.25	1328.00	1360.30	1313.20	1.109 times
22 Fri Nov 2024	1316.15	1329.00	1355.35	1286.60	1.022 times
14 Thu Nov 2024	1328.75	1414.10	1420.05	1301.55	0.822 times
08 Fri Nov 2024	1420.05	1422.20	1482.90	1395.50	1.062 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
05 Thu Dec 2024	1379.20	1329.50	1394.95	1305.35	0.296 times
29 Fri Nov 2024	1332.25	1428.00	1482.90	1286.60	0.833 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

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 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 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 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 1346.57 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.