(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 2024-03-15 View latest technical analysis
10 day averaged volume of Bharat Forge is 44796
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 1119.20 | 1115.00 | 1130.40 | 1099.55 | 0.473 times |
| 14 Thu Mar 2024 | 1113.60 | 1103.25 | 1127.55 | 1097.20 | 0.522 times |
| 13 Wed Mar 2024 | 1128.00 | 1154.95 | 1164.00 | 1117.50 | 1.475 times |
| 12 Tue Mar 2024 | 1155.60 | 1161.45 | 1164.80 | 1139.00 | 0.551 times |
| 11 Mon Mar 2024 | 1161.15 | 1178.30 | 1178.30 | 1144.00 | 3.69 times |
| 07 Thu Mar 2024 | 1178.95 | 1184.95 | 1189.15 | 1173.90 | 0.454 times |
| 06 Wed Mar 2024 | 1183.15 | 1196.95 | 1196.95 | 1149.90 | 0.347 times |
| 05 Tue Mar 2024 | 1185.55 | 1189.65 | 1210.30 | 1179.00 | 0.93 times |
| 04 Mon Mar 2024 | 1189.65 | 1184.55 | 1193.00 | 1170.15 | 1.442 times |
| 02 Sat Mar 2024 | 1180.60 | 1189.95 | 1190.30 | 1170.20 | 0.022 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1127.4, but if it comes above 1127.4, then a intra day buy could be more profitable.
If you take a sell trade below 1127.4, then use 1127.4 as stoploss and 1096 as target. However if you take a buy trade in stock , then use 1127.4 as stoploss and 1153.56 as target.
Share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Target | 1015.60 |
| Downside Target | 1063.40 |
| Downside Target | 1097.20 |
| Upside Target | 1181.00 |
| Upside Target | 1194.95 |
| Upside Target | 1210.30 |
| Upside Target | 1249.00 |
| Upside Target | 1298.50 |
| Upside Target | 1330.00 |
Intraday share price targets for Bharat Forge (BharatForge)
| Target Type | Value |
| Downside Intraday Target | 1084.83 |
| Downside Intraday Target | 1050.47 |
| Upside Intraday Target | 1165.93 |
| Upside Intraday Target | 1212.67 |
| Upside Intraday Target | 1131.57 |
Weekly technical analysis of Bharat Forge (BharatForge)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 1119.20 | 1178.30 | 1178.30 | 1097.20 | 2.115 times |
| 07 Thu Mar 2024 | 1178.95 | 1184.55 | 1210.30 | 1149.90 | 0.749 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Bharat Forge (BharatForge)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 1119.20 | 1146.05 | 1210.30 | 1097.20 | 0.37 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 down 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 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 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 ( (BharatForge) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
Bharat Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bharat Forge in short term but BUY signal is weak.
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 1159.47 and Bharat Forge (BharatForge) 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 (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 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 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 ( (BharatForge) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
Bharat Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bharat Forge in short term but BUY signal is weak.
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 1159.47 and Bharat Forge (BharatForge) 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 (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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