Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-11-12 View latest technical analysis

10 day averaged volume of Bharat Forge is 816768

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	1360.60	1397.50	1397.55	1340.00	0.912 times
11 Mon Nov 2024	1397.50	1414.10	1420.05	1380.20	0.848 times
08 Fri Nov 2024	1420.05	1450.05	1456.60	1416.15	0.993 times
07 Thu Nov 2024	1446.65	1475.00	1479.45	1441.50	0.716 times
06 Wed Nov 2024	1471.05	1460.90	1482.90	1451.60	1.212 times
05 Tue Nov 2024	1460.80	1450.00	1464.75	1417.50	1.987 times
04 Mon Nov 2024	1422.90	1422.20	1435.00	1395.50	0.876 times
01 Fri Nov 2024	1418.65	1428.00	1428.00	1391.00	0.117 times
31 Thu Oct 2024	1410.15	1415.00	1441.20	1395.25	1.034 times
30 Wed Oct 2024	1420.55	1383.35	1430.00	1376.35	1.342 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1349.3, for a target of 1390.1 or 1424.11

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1340.00
Upside Target	1390.00
Upside Target	1482.90
Upside Target	1500.00
Upside Target	1502.60
Upside Target	1505.75
Upside Target	1510.40
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	1327.05
Downside Intraday Target	1293.5
Upside Intraday Target	1407.1
Upside Intraday Target	1453.6
Upside Intraday Target	1373.55

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	1360.60	1414.10	1420.05	1340.00	0.304 times
08 Fri Nov 2024	1420.05	1422.20	1482.90	1395.50	1.062 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

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
12 Tue Nov 2024	1360.60	1428.00	1482.90	1340.00	0.305 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Bharat Forge ( (BHARATFORG) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL signal in short term and selling is picking up 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 1428.15 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.