(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 2024-04-12 View latest technical analysis
10 day averaged volume of Bharat Forge is 48011
Date | Daily Closing Price | Open | High | Low | Volume |
12 Fri Apr 2024 | 1177.55 | 1177.00 | 1185.65 | 1163.00 | 2.446 times |
10 Wed Apr 2024 | 1178.45 | 1156.45 | 1183.00 | 1151.00 | 0.948 times |
09 Tue Apr 2024 | 1149.10 | 1186.05 | 1186.05 | 1140.85 | 0.747 times |
08 Mon Apr 2024 | 1177.25 | 1151.65 | 1179.85 | 1136.00 | 1.248 times |
05 Fri Apr 2024 | 1145.20 | 1152.65 | 1152.65 | 1136.25 | 0.433 times |
04 Thu Apr 2024 | 1153.15 | 1145.50 | 1172.25 | 1139.35 | 1.803 times |
03 Wed Apr 2024 | 1141.30 | 1134.55 | 1143.35 | 1105.00 | 1.12 times |
02 Tue Apr 2024 | 1154.95 | 1157.25 | 1157.25 | 1140.00 | 0.387 times |
01 Mon Apr 2024 | 1148.90 | 1133.35 | 1152.65 | 1124.60 | 0.343 times |
28 Thu Mar 2024 | 1129.45 | 1124.50 | 1135.00 | 1103.85 | 0.569 times |
Stock of Bharat Forge (BharatForge) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1159.9, but if it comes below 1159.9, then a intra day sell could be more profitable.
If you take a sell trade below 1159.9, then use 1159.9 as stoploss and 1135.5 as target. However if you take a buy trade in stock , then use 1159.9 as stoploss and 1189.3 as target.
Share price targets for Bharat Forge (BharatForge)
Target Type | Value |
Downside Target | 1063.40 |
Downside Target | 1087.85 |
Downside Target | 1172.25 |
Upside Target | 1178.30 |
Upside Target | 1181.00 |
Upside Target | 1186.05 |
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 | 1147.02 |
Downside Intraday Target | 1116.48 |
Upside Intraday Target | 1197.07 |
Upside Intraday Target | 1216.58 |
Downside Intraday Target | 1166.53 |
Weekly technical analysis of Bharat Forge (BharatForge)
Date | Weekly Closing Price | Open | High | Low | Volume |
12 Fri Apr 2024 | 1177.55 | 1151.65 | 1186.05 | 1136.00 | 1.319 times |
05 Fri Apr 2024 | 1145.20 | 1133.35 | 1172.25 | 1105.00 | 1.122 times |
28 Thu Mar 2024 | 1129.45 | 1133.00 | 1143.30 | 1103.85 | 1.002 times |
22 Fri Mar 2024 | 1129.70 | 1111.15 | 1133.00 | 1087.85 | 0.58 times |
15 Fri Mar 2024 | 1119.20 | 1178.30 | 1178.30 | 1097.20 | 2.115 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 |
12 Fri Apr 2024 | 1177.55 | 1133.35 | 1186.05 | 1105.00 | 0.556 times |
28 Thu Mar 2024 | 1129.45 | 1146.05 | 1210.30 | 1087.85 | 0.646 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 |
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 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 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 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 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 and the buy 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 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 in or above 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 1161.09 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 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 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 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 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 and the buy 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 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 in or above 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 1161.09 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.
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