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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.

Showing technical analysis as on 2024-06-26 View latest technical analysis

10 day averaged volume of Bharat Forge is 1793319

Date	Daily Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	1679.50	1719.10	1726.80	1674.00	1.15 times
25 Tue Jun 2024	1719.45	1752.80	1764.75	1715.40	0.632 times
24 Mon Jun 2024	1743.10	1749.00	1776.30	1734.00	0.83 times
21 Fri Jun 2024	1752.20	1804.50	1804.50	1746.50	0.516 times
20 Thu Jun 2024	1791.40	1704.00	1800.70	1697.00	2.051 times
19 Wed Jun 2024	1703.40	1720.00	1733.40	1688.00	1.835 times
18 Tue Jun 2024	1696.70	1720.00	1734.00	1691.50	0.802 times
14 Fri Jun 2024	1717.30	1639.00	1739.45	1627.00	1.702 times
13 Thu Jun 2024	1636.95	1640.00	1655.00	1623.65	0.637 times
12 Wed Jun 2024	1631.60	1605.45	1644.95	1605.05	0.555 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 1720.4 as stoploss in an intra day sell trade for a target of 1631.44. However, stock will show a bullish move above 1720.4.

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1063.00
Downside Target	1088.00
Downside Target	1209.15
Downside Target	1326.00
Downside Target	1406.25
Downside Target	1533.10
Downside Target	1600.00
Downside Target	1649.95
Downside Target	1674.00
Upside Target	1688.00
Upside Target	1739.45
Upside Target	1776.30
Upside Target	1804.50

Intraday share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Intraday Target	1643.57
Downside Intraday Target	1607.63
Upside Intraday Target	1745.87
Upside Intraday Target	1812.23
Upside Intraday Target	1709.93

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Wed Jun 2024	1679.50	1749.00	1776.30	1674.00	0.502 times
21 Fri Jun 2024	1752.20	1720.00	1804.50	1688.00	1.129 times
14 Fri Jun 2024	1717.30	1593.90	1739.45	1557.35	0.842 times
07 Fri Jun 2024	1583.20	1649.95	1649.95	1406.25	1.235 times
31 Fri May 2024	1554.55	1589.90	1600.00	1533.10	1.451 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
26 Wed Jun 2024	1679.50	1649.95	1804.50	1406.25	0.708 times
31 Fri May 2024	1554.55	1271.50	1600.00	1209.15	1.557 times
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

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 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 ( (BHARATFORG) ) 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 ( (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 Weak and stock is losing momentum.

MACD generated a SELL signal for Bharat Forge in short term but the sell signal is initial and weak.

Bharat Forge Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 1718.09 and Bharat Forge (BHARATFORG) stock is trading below this level. This means that stock is falling with high volumes. 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.