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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 2024-11-22 View latest technical analysis

10 day averaged volume of Bharat Forge is 990984

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	1316.15	1299.00	1326.70	1296.35	0.328 times
21 Thu Nov 2024	1296.20	1314.15	1317.95	1288.60	0.576 times
19 Tue Nov 2024	1323.35	1296.00	1355.35	1296.00	1.535 times
18 Mon Nov 2024	1304.55	1329.00	1336.35	1286.60	1.563 times
14 Thu Nov 2024	1328.75	1321.50	1356.90	1301.55	1.878 times
13 Wed Nov 2024	1321.50	1360.00	1363.35	1312.70	0.59 times
12 Tue Nov 2024	1360.60	1397.50	1397.55	1340.00	0.752 times
11 Mon Nov 2024	1397.50	1414.10	1420.05	1380.20	0.699 times
08 Fri Nov 2024	1420.05	1450.05	1456.60	1416.15	0.818 times
07 Thu Nov 2024	1446.65	1475.00	1479.45	1441.50	0.59 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1331.9, but if it comes above 1331.9, then a intra day buy could be more profitable.
If you take a sell trade below 1331.9, then use 1331.9 as stoploss and 1268.4 as target. However if you take a buy trade in stock , then use 1331.9 as stoploss and 1384.91 as target.

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1286.60
Upside Target	1340.80
Upside Target	1390.00
Upside Target	1482.90
Upside Target	1496.00
Upside Target	1500.00
Upside Target	1502.60
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	1283.38
Downside Intraday Target	1250.62
Upside Intraday Target	1352.13
Upside Intraday Target	1388.12
Upside Intraday Target	1319.37

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	1316.15	1329.00	1355.35	1286.60	1.022 times
14 Thu Nov 2024	1328.75	1414.10	1420.05	1301.55	0.822 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

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
22 Fri Nov 2024	1316.15	1428.00	1482.90	1286.60	0.618 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 neutral. A longer time frame might give a better analysis.

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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1344.08 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.