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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.

10 day averaged volume of Bharat Forge is 1558137

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	1271.20	1291.00	1301.00	1266.60	0.399 times
29 Mon Apr 2024	1282.00	1312.25	1316.90	1273.55	0.756 times
26 Fri Apr 2024	1309.90	1318.00	1326.00	1306.35	0.686 times
25 Thu Apr 2024	1311.85	1240.75	1325.90	1237.20	4.109 times
24 Wed Apr 2024	1222.00	1220.00	1231.00	1209.05	0.818 times
23 Tue Apr 2024	1206.55	1212.00	1212.00	1194.75	0.305 times
22 Mon Apr 2024	1204.50	1205.85	1215.00	1197.15	0.486 times
19 Fri Apr 2024	1193.10	1180.00	1196.30	1158.10	0.501 times
18 Thu Apr 2024	1186.20	1187.70	1196.80	1174.40	0.675 times
16 Tue Apr 2024	1180.65	1165.00	1189.60	1162.50	0.915 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1250.6, but if it comes below 1250.6, then a intra day sell could be more profitable.
If you take a sell trade below 1250.6, then use 1250.6 as stoploss and 1197.5 as target. However if you take a buy trade in stock , then use 1250.6 as stoploss and 1314.4 as target.

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1063.00
Downside Target	1088.00
Downside Target	1196.80
Downside Target	1211.00
Downside Target	1249.90
Downside Target	1266.60
Upside Target	1299.00
Upside Target	1316.90
Upside Target	1326.00
Upside Target	1330.00

Intraday share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Intraday Target	1252.9
Downside Intraday Target	1234.6
Upside Intraday Target	1303.2
Upside Intraday Target	1335.2
Upside Intraday Target	1284.9

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	1271.20	1312.25	1316.90	1266.60	0.18 times
26 Fri Apr 2024	1309.90	1205.85	1326.00	1194.75	2.256 times
19 Fri Apr 2024	1193.10	1155.00	1196.80	1155.00	0.78 times
12 Fri Apr 2024	1169.05	1152.95	1187.00	1136.00	0.782 times
05 Fri Apr 2024	1145.65	1132.20	1172.50	1105.30	1.845 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
30 Tue Apr 2024	1271.20	1132.20	1326.00	1105.30	1.27 times
28 Thu Mar 2024	1129.60	1150.05	1211.00	1088.00	0.65 times
29 Thu Feb 2024	1151.00	1242.00	1330.00	1063.00	2.105 times
31 Wed Jan 2024	1235.25	1242.00	1299.00	1180.00	0.871 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Bharat Forge stock for short term is BUY. Signal strength is Strong and stock is losing 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 green color and prices are above the green 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 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 1263.95 and Bharat Forge (BHARATFORG) 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 (BHARATFORG) stock. Volume based technical analysis of Bharat Forge (BHARATFORG) stock is negative.

Bharat Forge Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.