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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 2024-10-30 View latest technical analysis

10 day averaged volume of Bharat Forge is 894961

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	1420.55	1383.35	1430.00	1376.35	1.224 times
29 Tue Oct 2024	1383.35	1367.00	1387.00	1340.80	0.798 times
28 Mon Oct 2024	1365.50	1392.00	1409.00	1357.90	1.9 times
25 Fri Oct 2024	1400.20	1438.05	1439.95	1390.00	0.661 times
24 Thu Oct 2024	1429.65	1405.00	1432.90	1397.30	0.532 times
23 Wed Oct 2024	1405.00	1406.05	1431.40	1392.55	0.94 times
22 Tue Oct 2024	1406.20	1437.00	1442.20	1401.50	0.765 times
21 Mon Oct 2024	1442.50	1475.00	1496.00	1436.65	1.412 times
18 Fri Oct 2024	1474.75	1471.95	1485.00	1454.80	0.993 times
17 Thu Oct 2024	1471.10	1472.50	1478.80	1442.75	1.147 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1409.5 as stoploss in an intra day buy trade for a target of 1451.32. However, stock will show a bearish move below 1409.5.

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1340.80
Downside Target	1390.00
Upside Target	1496.00
Upside Target	1510.40
Upside Target	1526.90
Upside Target	1555.00
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	1364.23
Downside Intraday Target	1307.92
Upside Intraday Target	1453.43
Upside Intraday Target	1486.32
Downside Intraday Target	1397.12

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	1420.55	1392.00	1430.00	1340.80	0.91 times
25 Fri Oct 2024	1400.20	1475.00	1496.00	1390.00	0.827 times
18 Fri Oct 2024	1474.75	1486.10	1505.75	1442.75	0.977 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

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 Wed Oct 2024	1420.55	1519.00	1555.00	1340.80	0.811 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 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.

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 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 in or above 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 1418.08 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 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.