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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 2024-07-02 View latest technical analysis

10 day averaged volume of Bharat Forge is 1766339

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	1645.50	1668.75	1681.25	1641.05	0.786 times
01 Mon Jul 2024	1665.95	1673.10	1696.80	1662.75	0.645 times
28 Fri Jun 2024	1670.35	1685.00	1692.85	1666.45	0.627 times
27 Thu Jun 2024	1680.55	1681.00	1696.45	1674.65	0.793 times
26 Wed Jun 2024	1679.50	1719.10	1726.80	1674.00	1.168 times
25 Tue Jun 2024	1719.45	1752.80	1764.75	1715.40	0.641 times
24 Mon Jun 2024	1743.10	1749.00	1776.30	1734.00	0.843 times
21 Fri Jun 2024	1752.20	1804.50	1804.50	1746.50	0.524 times
20 Thu Jun 2024	1791.40	1704.00	1800.70	1697.00	2.082 times
19 Wed Jun 2024	1703.40	1720.00	1733.40	1688.00	1.863 times

My analysis of stock is bearish for shortterm, and stock might move down till 1566.5 or till 1466. Use a stoploss of 1650.26 and if the stock hits stoploss, then it can shoot up till 1733.99

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1088.00
Downside Target	1209.15
Downside Target	1326.00
Downside Target	1406.25
Downside Target	1557.35
Downside Target	1600.00
Downside Target	1641.05
Upside Target	1696.80
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	1625.43
Downside Intraday Target	1605.37
Upside Intraday Target	1681.18
Upside Intraday Target	1716.87
Upside Intraday Target	1661.12

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jul 2024	1645.50	1673.10	1696.80	1641.05	0.351 times
28 Fri Jun 2024	1670.35	1749.00	1776.30	1666.45	0.771 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

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
02 Tue Jul 2024	1645.50	1673.10	1696.80	1641.05	0.073 times
28 Fri Jun 2024	1670.35	1649.95	1804.50	1406.25	0.763 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

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 (BHARATFORG)

Price action analysis of Bharat Forge ( (BHARATFORG) ) 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 ( (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 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 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1715.04 and Bharat Forge (BHARATFORG) 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 (BHARATFORG) stock. Volume based technical analysis of Bharat Forge (BHARATFORG) stock is negative.

Bharat Forge Stock has given negative 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.