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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 2024-12-11 View latest technical analysis

10 day averaged volume of Bharat Forge is 962697

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	1379.40	1365.15	1385.00	1343.95	1.828 times
10 Tue Dec 2024	1361.20	1370.00	1376.05	1350.30	0.743 times
09 Mon Dec 2024	1363.45	1354.75	1375.00	1341.00	0.944 times
06 Fri Dec 2024	1354.75	1383.00	1385.00	1351.30	0.662 times
05 Thu Dec 2024	1379.20	1394.95	1394.95	1360.85	1.298 times
04 Wed Dec 2024	1377.90	1364.90	1386.45	1351.40	2.1 times
03 Tue Dec 2024	1350.40	1346.00	1355.95	1338.10	0.822 times
02 Mon Dec 2024	1343.75	1329.50	1349.80	1305.35	1.02 times
29 Fri Nov 2024	1332.25	1332.00	1345.85	1325.95	0.733 times
28 Thu Nov 2024	1329.20	1326.00	1360.30	1316.85	1.303 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1363.9, but if it comes below 1363.9, then a intra day sell could be more profitable.
If you take a sell trade below 1363.9, then use 1363.9 as stoploss and 1339.49 as target. However if you take a buy trade in stock , then use 1363.9 as stoploss and 1393.2 as target.

Share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Target	1286.60
Downside Target	1340.80
Upside Target	1394.95
Upside Target	1420.05
Upside Target	1482.90
Upside Target	1502.60
Upside Target	1510.40
Upside Target	1555.00
Upside Target	1629.90
Upside Target	1771.20

Intraday share price targets for Bharat Forge (BHARATFORG)

Target Type	Value
Downside Intraday Target	1351.93
Downside Intraday Target	1324.47
Upside Intraday Target	1395.93
Upside Intraday Target	1412.47
Downside Intraday Target	1368.47

Weekly technical analysis of Bharat Forge (BHARATFORG)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	1379.40	1354.75	1385.00	1341.00	0.595 times
06 Fri Dec 2024	1354.75	1329.50	1394.95	1305.35	1.291 times
29 Fri Nov 2024	1332.25	1328.00	1360.30	1313.20	1.109 times
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

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
11 Wed Dec 2024	1379.40	1329.50	1394.95	1305.35	0.531 times
29 Fri Nov 2024	1332.25	1428.00	1482.90	1286.60	0.833 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

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 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 SELL signal in short term but selling is losing 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 1361.2 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 rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.