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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 2024-10-16 View latest technical analysis

10 day averaged volume of Bharat Forge is 960772

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	1475.00	1484.00	1488.55	1456.45	0.794 times
15 Tue Oct 2024	1480.45	1505.75	1505.75	1475.85	1.273 times
14 Mon Oct 2024	1490.10	1486.10	1505.35	1474.25	0.792 times
11 Fri Oct 2024	1492.35	1505.05	1510.00	1479.95	0.555 times
10 Thu Oct 2024	1501.05	1520.00	1526.90	1489.00	1.018 times
09 Wed Oct 2024	1510.30	1485.05	1520.50	1482.35	1.357 times
08 Tue Oct 2024	1481.35	1433.00	1486.40	1429.40	0.522 times
07 Mon Oct 2024	1433.95	1477.95	1486.00	1425.10	1.514 times
04 Fri Oct 2024	1473.80	1488.00	1498.95	1460.15	1.21 times
03 Thu Oct 2024	1489.25	1529.00	1551.00	1473.05	1.268 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1475.7, but if it comes above 1475.7, then a intra day buy could be more profitable.
If you take a sell trade below 1475.7, then use 1475.7 as stoploss and 1423 as target. However if you take a buy trade in stock , then use 1475.7 as stoploss and 1519.64 as target.

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1406.25
Downside Target	1456.45
Upside Target	1500.00
Upside Target	1555.00
Upside Target	1625.00
Upside Target	1626.00
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	1452.38
Downside Intraday Target	1429.77
Upside Intraday Target	1501.68
Upside Intraday Target	1528.37
Upside Intraday Target	1479.07

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	1475.00	1486.10	1505.75	1456.45	0.576 times
11 Fri Oct 2024	1492.35	1477.95	1526.90	1425.10	1.323 times
04 Fri Oct 2024	1473.80	1520.50	1555.00	1460.15	0.472 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

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
16 Wed Oct 2024	1475.00	1519.00	1555.00	1425.10	0.428 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 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 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 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 gaining momentum.

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

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. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 1480.9 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.