Stock analysis Bharat Forge Limited BHARATFORG
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Recent prices of BHARATFORG Bharat Forge Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
28 Thu Mar 2024 | 1129.60 | 1103.50 to 1135.20 | 1.66% | 1.05 times |
27 Wed Mar 2024 | 1111.20 | 1107.25 to 1143.05 | -1.68% | 1.37 times |
26 Tue Mar 2024 | 1130.15 | 1127.00 to 1140.95 | 0.11% | 0.55 times |
22 Fri Mar 2024 | 1128.95 | 1101.30 to 1133.60 | 2.45% | 0.86 times |
21 Thu Mar 2024 | 1102.00 | 1094.00 to 1122.00 | 0.85% | 1.82 times |
20 Wed Mar 2024 | 1092.70 | 1088.00 to 1118.60 | -1.8% | 0.79 times |
19 Tue Mar 2024 | 1112.70 | 1093.60 to 1133.00 | -0.15% | 0.63 times |
18 Mon Mar 2024 | 1114.40 | 1090.30 to 1121.00 | -0.46% | 0.91 times |
15 Fri Mar 2024 | 1119.50 | 1099.10 to 1130.65 | 0.58% | 0.76 times |
14 Thu Mar 2024 | 1113.05 | 1096.70 to 1127.00 | -1.24% | 1.14 times |
13 Wed Mar 2024 | 1127.00 | 1115.00 to 1164.45 | -2.5% | 1.17 times |
12 Tue Mar 2024 | 1155.85 | 1139.00 to 1170.90 | -0.34% | 0.71 times |
Technical analysis forecast for Bharat Forge Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Bharat Forge Limited BHARATFORG at this time. Stock is falling and might fall more.
It appears as if Bharat Forge Limited BHARATFORG gave a large move recently.
Stock of Bharat Forge Limited (BHARATFORG) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Bharat Forge Limited is bearish for shortterm, and stock might move down till 1104.1 or till 1066.6. Use a stoploss of 1135.35 and if the stock hits stoploss, then it can shoot up till 1166.58