Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-30 View latest technical analysis

10 day averaged volume of Bharat Forge is 1377436

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	1743.85	1740.45	1753.00	1719.20	0.63 times
29 Mon Jul 2024	1737.00	1694.95	1747.00	1691.25	1.29 times
26 Fri Jul 2024	1684.90	1604.60	1694.30	1604.60	2.001 times
25 Thu Jul 2024	1592.40	1570.00	1603.90	1558.55	0.325 times
24 Wed Jul 2024	1591.15	1598.50	1612.25	1585.00	0.794 times
23 Tue Jul 2024	1598.70	1630.00	1634.25	1500.00	1.37 times
22 Mon Jul 2024	1625.45	1569.95	1646.30	1549.45	1.129 times
19 Fri Jul 2024	1579.40	1626.90	1634.30	1575.00	0.686 times
18 Thu Jul 2024	1621.50	1661.95	1665.85	1612.15	0.895 times
16 Tue Jul 2024	1653.35	1634.25	1663.75	1634.05	0.591 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1742.8, for a target of 1691.4 or 1648.54

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	1500.00
Downside Target	1575.00
Downside Target	1665.85
Downside Target	1693.25
Downside Target	1694.30
Downside Target	1696.80
Upside Target	1753.00
Upside Target	1804.50

Intraday share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Intraday Target	1705.73
Downside Intraday Target	1667.62
Upside Intraday Target	1767.48
Upside Intraday Target	1791.12
Downside Intraday Target	1729.37

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	1743.85	1694.95	1753.00	1691.25	0.342 times
26 Fri Jul 2024	1684.90	1569.95	1694.30	1500.00	1.817 times
19 Fri Jul 2024	1579.40	1628.00	1665.85	1575.00	0.853 times
12 Fri Jul 2024	1618.95	1682.95	1693.25	1603.00	0.794 times
05 Fri Jul 2024	1672.25	1673.10	1696.80	1627.25	0.874 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 (BHARATFORG)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	1743.85	1673.10	1753.00	1500.00	0.749 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 but buying is losing 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 1650.59 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.