(BharatForge) Bharat Forge complete technical analysis [charts+indicators] | Buy/Sell Bharat Forge | (BharatForge) share price targets
Complete technical analysis of Bharat Forge (BharatForge) by charts plus indicators, forecast predictions and share price targets for Bharat Forge (BharatForge)
Showing technical analysis as on 2024-02-23 View latest technical analysis
10 day averaged volume of Bharat Forge is 90839
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 1132.60 | 1131.35 | 1145.45 | 1125.55 | 0.196 times |
| 22 Thu Feb 2024 | 1132.85 | 1119.15 | 1135.00 | 1109.55 | 0.277 times |
| 21 Wed Feb 2024 | 1124.05 | 1120.30 | 1141.55 | 1116.80 | 0.266 times |
| 20 Tue Feb 2024 | 1121.15 | 1129.85 | 1129.85 | 1100.00 | 0.186 times |
| 19 Mon Feb 2024 | 1124.65 | 1157.15 | 1157.15 | 1118.00 | 0.333 times |
| 16 Fri Feb 2024 | 1134.30 | 1117.15 | 1136.40 | 1106.15 | 0.287 times |
| 15 Thu Feb 2024 | 1110.10 | 1116.35 | 1116.35 | 1094.65 | 1.186 times |
| 14 Wed Feb 2024 | 1105.10 | 1086.30 | 1120.05 | 1074.90 | 0.717 times |
| 13 Tue Feb 2024 | 1091.80 | 1149.00 | 1150.00 | 1063.40 | 1.611 times |
| 12 Mon Feb 2024 | 1130.30 | 1325.75 | 1330.00 | 1117.70 | 3.473 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 1116.6 as stoploss in an intra day buy trade for a target of 1190.1. However, stock will show a bearish move below 1116.6.
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 1002.70 |
| Downside Target | 1063.40 |
| Downside Target | 1100.00 |
| Downside Target | 1124.60 |
| Upside Target | 1157.15 |
| Upside Target | 1181.00 |
| Upside Target | 1235.90 |
| Upside Target | 1249.00 |
| Upside Target | 1259.85 |
| Upside Target | 1298.50 |
| Upside Target | 1321.00 |
| Upside Target | 1330.00 |
Intraday share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Intraday Target | 1102.68 |
| Downside Intraday Target | 1072.77 |
| Upside Intraday Target | 1159.83 |
| Upside Intraday Target | 1187.07 |
| Downside Intraday Target | 1129.92 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 1132.60 | 1157.15 | 1157.15 | 1100.00 | 0.173 times |
| 16 Fri Feb 2024 | 1134.30 | 1325.75 | 1330.00 | 1063.40 | 2.201 times |
| 09 Fri Feb 2024 | 1314.90 | 1235.90 | 1321.00 | 1235.90 | 1.549 times |
| 02 Fri Feb 2024 | 1238.85 | 1200.10 | 1259.85 | 1200.10 | 2.855 times |
| 25 Thu Jan 2024 | 1200.10 | 1223.40 | 1243.65 | 1181.00 | 0.407 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 (BharatForge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 1132.60 | 1236.00 | 1330.00 | 1063.40 | 1.538 times |
| 31 Wed Jan 2024 | 1235.20 | 1249.95 | 1298.50 | 1181.00 | 0.745 times |
| 29 Fri Dec 2023 | 1238.80 | 1127.05 | 1249.00 | 1124.60 | 1.247 times |
| 30 Thu Nov 2023 | 1120.45 | 1035.50 | 1131.95 | 1015.60 | 0.92 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Bharat Forge (BharatForge)
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Bharat Forge ( (BharatForge) ) 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 ( (BharatForge) ) 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 ( (BharatForge) ) 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Bharat Forge is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1117.76 and Bharat Forge (BharatForge) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Bharat Forge (BharatForge) stock. Volume based technical analysis of Bharat Forge (BharatForge) 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.
Price action analysis of Bharat Forge ( (BharatForge) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Bharat Forge ( (BharatForge) ) 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 ( (BharatForge) ) 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 ( (BharatForge) ) 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Bharat Forge is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1117.76 and Bharat Forge (BharatForge) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Bharat Forge (BharatForge) stock. Volume based technical analysis of Bharat Forge (BharatForge) 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.
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