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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 2024-11-04 View latest technical analysis

10 day averaged volume of Bharat Forge is 830726

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	1422.90	1422.20	1435.00	1395.50	0.861 times
01 Fri Nov 2024	1418.65	1428.00	1428.00	1391.00	0.115 times
31 Thu Oct 2024	1410.15	1415.00	1441.20	1395.25	1.017 times
30 Wed Oct 2024	1420.55	1383.35	1430.00	1376.35	1.319 times
29 Tue Oct 2024	1383.35	1367.00	1387.00	1340.80	0.86 times
28 Mon Oct 2024	1365.50	1392.00	1409.00	1357.90	2.047 times
25 Fri Oct 2024	1400.20	1438.05	1439.95	1390.00	0.712 times
24 Thu Oct 2024	1429.65	1405.00	1432.90	1397.30	0.573 times
23 Wed Oct 2024	1405.00	1406.05	1431.40	1392.55	1.013 times
22 Tue Oct 2024	1406.20	1437.00	1442.20	1401.50	0.824 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 1402.1 as stoploss in an intra day buy trade for a target of 1444.06. However, stock will show a bearish move below 1402.1.

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1340.80
Downside Target	1390.00
Upside Target	1425.10
Upside Target	1496.00
Upside Target	1502.60
Upside Target	1505.75
Upside Target	1510.40
Upside Target	1526.90
Upside Target	1555.00
Upside Target	1629.90
Upside Target	1753.00
Upside Target	1771.20

Intraday share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Intraday Target	1400.6
Downside Intraday Target	1378.3
Upside Intraday Target	1440.1
Upside Intraday Target	1457.3
Downside Intraday Target	1417.8

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	1422.90	1422.20	1435.00	1395.50	0.161 times
01 Fri Nov 2024	1418.65	1392.00	1441.20	1340.80	1.154 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

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
04 Mon Nov 2024	1422.90	1428.00	1435.00	1391.00	0.04 times
31 Thu Oct 2024	1410.15	1519.00	1555.00	1340.80	0.846 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

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 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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

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 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

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 1400.18 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.