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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 2024-10-01 View latest technical analysis

10 day averaged volume of Bharat Forge is 1206292

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	1530.20	1519.00	1555.00	1514.40	0.392 times
30 Mon Sep 2024	1516.60	1520.50	1537.75	1512.30	0.625 times
27 Fri Sep 2024	1522.50	1534.00	1539.00	1520.00	1.009 times
26 Thu Sep 2024	1528.50	1552.00	1555.10	1502.60	1.631 times
25 Wed Sep 2024	1559.50	1577.00	1581.40	1553.85	0.841 times
24 Tue Sep 2024	1572.75	1582.90	1588.40	1557.50	0.908 times
23 Mon Sep 2024	1582.20	1600.80	1626.00	1577.10	1.941 times
20 Fri Sep 2024	1591.35	1585.95	1600.95	1573.00	0.81 times
19 Thu Sep 2024	1585.95	1579.95	1594.80	1534.05	0.736 times
18 Wed Sep 2024	1575.70	1599.95	1612.95	1562.05	0.304 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1541.9, but if it comes above 1541.9, then a intra day buy could be more profitable.
If you take a sell trade below 1541.9, then use 1541.9 as stoploss and 1506.9 as target. However if you take a buy trade in stock , then use 1541.9 as stoploss and 1571.16 as target.

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1406.25
Downside Target	1500.00
Upside Target	1555.00
Upside Target	1625.00
Upside Target	1626.00
Upside Target	1629.70
Upside Target	1629.90
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	1510
Downside Intraday Target	1489.8
Upside Intraday Target	1552.7
Upside Intraday Target	1575.2
Upside Intraday Target	1532.5

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	1530.20	1520.50	1555.00	1512.30	0.161 times
27 Fri Sep 2024	1522.50	1600.80	1626.00	1502.60	1.411 times
20 Fri Sep 2024	1591.35	1625.00	1625.00	1534.05	1.147 times
13 Fri Sep 2024	1616.25	1535.00	1629.70	1524.75	0.827 times
06 Fri Sep 2024	1551.20	1597.00	1629.90	1545.50	1.411 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
01 Tue Oct 2024	1530.20	1519.00	1555.00	1514.40	0.02 times
30 Mon Sep 2024	1516.60	1597.00	1629.90	1502.60	0.897 times
30 Fri Aug 2024	1587.00	1740.00	1771.20	1510.40	1.018 times
31 Wed Jul 2024	1733.50	1673.10	1753.00	1500.00	0.767 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 mid to longer 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.

ADX buy sell signal for Bharat Forge stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Bharat Forge Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Bharat Forge in short term but BUY 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 1557.33 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 negative.

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