(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 2024-03-06 View latest technical analysis
10 day averaged volume of Bharat Forge is 33893
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 1183.15 | 1196.95 | 1196.95 | 1149.90 | 0.459 times |
| 05 Tue Mar 2024 | 1185.55 | 1189.65 | 1210.30 | 1179.00 | 1.229 times |
| 04 Mon Mar 2024 | 1189.65 | 1184.55 | 1193.00 | 1170.15 | 1.906 times |
| 02 Sat Mar 2024 | 1180.60 | 1189.95 | 1190.30 | 1170.20 | 0.029 times |
| 01 Fri Mar 2024 | 1183.60 | 1146.05 | 1187.55 | 1146.05 | 0.748 times |
| 29 Thu Feb 2024 | 1151.15 | 1150.95 | 1157.75 | 1136.50 | 0.531 times |
| 28 Wed Feb 2024 | 1152.20 | 1173.20 | 1181.25 | 1142.30 | 0.332 times |
| 27 Tue Feb 2024 | 1177.60 | 1187.85 | 1194.95 | 1169.60 | 1.475 times |
| 26 Mon Feb 2024 | 1175.95 | 1131.25 | 1181.80 | 1120.35 | 2.482 times |
| 23 Fri Feb 2024 | 1132.60 | 1131.35 | 1145.45 | 1125.55 | 0.524 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 1202.2 as stoploss in an intra day sell trade for a target of 1155.06. However, stock will show a bullish move above 1202.2.
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 1015.60 |
| Downside Target | 1063.40 |
| Downside Target | 1100.00 |
| Downside Target | 1181.00 |
| Upside Target | 1210.30 |
| Upside Target | 1235.90 |
| Upside Target | 1249.00 |
| 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 | 1151.93 |
| Downside Intraday Target | 1120.72 |
| Upside Intraday Target | 1212.33 |
| Upside Intraday Target | 1241.52 |
| Downside Intraday Target | 1181.12 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 1183.15 | 1184.55 | 1210.30 | 1149.90 | 0.642 times |
| 02 Sat Mar 2024 | 1180.60 | 1131.25 | 1194.95 | 1120.35 | 1.661 times |
| 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 |
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 (BharatForge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 1183.15 | 1146.05 | 1210.30 | 1146.05 | 0.117 times |
| 29 Thu Feb 2024 | 1151.15 | 1236.00 | 1330.00 | 1063.40 | 1.766 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 |
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 (BharatForge)
Price action analysis of Bharat Forge ( (BharatForge) ) 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 ( (BharatForge) ) 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 ( (BharatForge) ) 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 ( (BharatForge) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Bharat Forge stock for short term is SELL. Signal strength is Weak and stock is losing 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 tired and bears 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 SELL signal for Bharat Forge in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 1176.54 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 rising upwards.
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 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.
Price action analysis of Bharat Forge ( (BharatForge) ) 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 ( (BharatForge) ) 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 ( (BharatForge) ) 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 ( (BharatForge) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Bharat Forge stock for short term is SELL. Signal strength is Weak and stock is losing 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 tired and bears 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 SELL signal for Bharat Forge in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 1176.54 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 rising upwards.
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 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.
Click here for Bharat Forge charts
Click here for further forecast and predictions for tomorrow