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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 2024-12-17 View latest technical analysis

10 day averaged volume of Bharat Forge is 1068385

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	1340.60	1364.10	1370.70	1333.00	1.006 times
16 Mon Dec 2024	1364.10	1357.25	1372.95	1348.50	1.012 times
13 Fri Dec 2024	1348.30	1352.00	1356.05	1318.95	0.544 times
12 Thu Dec 2024	1352.45	1378.90	1379.00	1350.05	0.877 times
11 Wed Dec 2024	1379.40	1365.15	1385.00	1343.95	1.647 times
10 Tue Dec 2024	1361.20	1370.00	1376.05	1350.30	0.669 times
09 Mon Dec 2024	1363.45	1354.75	1375.00	1341.00	0.851 times
06 Fri Dec 2024	1354.75	1383.00	1385.00	1351.30	0.597 times
05 Thu Dec 2024	1379.20	1394.95	1394.95	1360.85	1.17 times
04 Wed Dec 2024	1377.90	1364.90	1386.45	1351.40	1.892 times

My analysis of stock is bearish for shortterm, and stock might move down till 1321.4 or till 1294.2. Use a stoploss of 1343.99 and if the stock hits stoploss, then it can shoot up till 1366.62

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1286.60
Upside Target	1385.00
Upside Target	1394.95
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	1324.75
Downside Intraday Target	1308.9
Upside Intraday Target	1364.7
Upside Intraday Target	1388.8
Upside Intraday Target	1348.85

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	1340.60	1357.25	1372.95	1333.00	0.44 times
13 Fri Dec 2024	1348.30	1354.75	1385.00	1318.95	0.863 times
06 Fri Dec 2024	1354.75	1329.50	1394.95	1305.35	1.291 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

Price has moved down 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
17 Tue Dec 2024	1340.60	1329.50	1394.95	1305.35	0.746 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 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 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 to mid 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 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 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 getting stronger in this stock.

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 and SELL signal is strong!

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 1365.9 and Bharat Forge (BHARATFORG) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.