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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 2024-08-27 View latest technical analysis

10 day averaged volume of Bharat Forge is 895905

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	1607.40	1644.90	1644.90	1602.10	0.736 times
26 Mon Aug 2024	1634.70	1622.00	1638.15	1613.70	0.796 times
23 Fri Aug 2024	1620.30	1636.50	1636.95	1601.90	0.969 times
22 Thu Aug 2024	1621.20	1607.90	1647.95	1594.00	1.067 times
21 Wed Aug 2024	1600.00	1577.00	1610.00	1573.15	0.953 times
20 Tue Aug 2024	1577.40	1600.00	1604.65	1551.05	1.163 times
19 Mon Aug 2024	1587.70	1610.00	1613.70	1560.15	1.324 times
16 Fri Aug 2024	1584.50	1582.90	1601.80	1575.80	0.831 times
14 Wed Aug 2024	1567.20	1574.10	1583.95	1553.25	0.518 times
13 Tue Aug 2024	1581.05	1594.95	1605.00	1576.25	0.535 times

My analysis of stock is bearish for shortterm, and stock might move down till 1556.6 or till 1486.7. Use a stoploss of 1614.76 and if the stock hits stoploss, then it can shoot up till 1672.96

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1105.30
Downside Target	1209.15
Downside Target	1326.00
Downside Target	1406.25
Downside Target	1500.00
Downside Target	1551.05
Downside Target	1600.00
Upside Target	1648.00
Upside Target	1654.95
Upside Target	1753.00
Upside Target	1771.20
Upside Target	1804.50

Intraday share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Intraday Target	1591.37
Downside Intraday Target	1575.33
Upside Intraday Target	1634.17
Upside Intraday Target	1660.93
Upside Intraday Target	1618.13

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	1607.40	1622.00	1644.90	1602.10	0.28 times
23 Fri Aug 2024	1620.30	1610.00	1647.95	1551.05	1.469 times
16 Fri Aug 2024	1584.50	1629.95	1629.95	1553.25	0.273 times
09 Fri Aug 2024	1636.55	1579.95	1654.95	1510.40	2.135 times
02 Fri Aug 2024	1655.40	1694.95	1771.20	1648.00	0.741 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
27 Tue Aug 2024	1607.40	1740.00	1771.20	1510.40	0.917 times
31 Wed Jul 2024	1733.50	1673.10	1753.00	1500.00	0.767 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

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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

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 below the red 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 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 1599.19 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 negative.

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