BullFO

2020 Bharat Forge (BHARATFORG) technical analysis [forecast] stock price targets

Bharat Forge technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Bharat Forge deals in Other Industrial Products Bharat Forge option chain analysis

Date Close Open High Low Volume
17 Thu Sep 478.65 474.00 483.60 469.05 11.81 lakhs
16 Wed Sep 480.65 476.70 487.55 475.05 29.75 lakhs
15 Tue Sep 476.70 478.50 481.40 471.75 16.83 lakhs
14 Mon Sep 475.60 465.25 481.85 465.00 41.73 lakhs
11 Fri Sep 463.40 459.50 466.50 456.30 17.27 lakhs
BHARATFORG chart

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 472.6 as stoploss in an intra day buy trade for a target of 486.4. However, stock will show a bearish move below 472.6.

  • Daily Price action analysis of BHARATFORG based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of BHARATFORG based on a 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.

Intraday technical analysis of Bharat Forge

Stock is trading at 478.10 as on 18 Fri Sep 15:15

Day open is at 481.00, day high is at 487.40, day low is at 476.60, and day volume is at 739.8 lakhs so far.

First 15 minute high low range is 480.00 - 486.75

First hour high low range is 480.00 - 486.75

Date Intraday Price Open High Low Volume
18 Fri Sep 15:15 478.10 481.00 487.40 476.60 2172219
18 Fri Sep 15:10 479.45 481.00 487.40 476.60 2077803
18 Fri Sep 15:05 478.75 481.00 487.40 476.60 1993775
18 Fri Sep 15:00 481.45 481.00 487.40 476.60 1909222
18 Fri Sep 14:55 481.30 481.00 487.40 476.60 1863745
Intraday BHARATFORG chart

Trend of Bharat Forge is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Bharat Forge (BHARATFORG) intraday stock price targets

  • EntEntry: 483.38 or 478.725
  • Upside target: 486.75
  • Downside target : 473.25
  • Second Upside target: 488.4
  • Second Downside target : 473.85

Bharat Forge (BHARATFORG) weekly technical analysis

Date Weekly Close Open Range Volume
17 Thu Sep 478.65 465.25 465.00
487.55
100.122 lakhs
11 Fri Sep 463.40 493.10 454.35
495.65
105.324 lakhs
04 Fri Sep 488.65 506.00 476.00
512.70
141.098 lakhs
28 Fri Aug 502.25 492.80 491.15
522.10
185.774 lakhs
21 Fri Aug 489.80 496.95 482.05
504.85
159.597 lakhs
weekly BHARATFORG chart

Weekly forecast of Bharat Forge is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Bharat Forge 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

Weekly Price action analysis of Bharat Forge 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.

Bharat Forge (BHARATFORG) Monthly technical analysis

Date Monthly Close Open Range Volume
17 Thu Sep 478.65 492.00 454.35
512.70
314.514 lakhs
31 Mon Aug 491.20 380.20 376.00
522.10
1071.698 lakhs
31 Fri Jul 381.95 322.00 321.00
398.00
828.116 lakhs
30 Tue Jun 319.35 332.90 306.60
385.70
761.931 lakhs
29 Fri May 326.05 298.50 263.10
336.60
728.85 lakhs
monthly BHARATFORG chart

Monthly forecast of Bharat Forge is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Bharat Forge 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.

Monthly Price action analysis of Bharat Forge based on a short to mid term time period is

Bharat Forge Daily stock price targets

  • Upside daily target: 510.93
  • Upside daily target: 483.33
  • Downside daily target: 459.85

Bharat Forge Weekly stock price targets

  • Upside weekly target: 556.08
  • Upside weekly target: 527.65
  • Upside weekly target: 500.68
  • Downside weekly target: 474.53
  • Downside weekly target: 450.78
  • Downside weekly target: 402.9
  • Downside weekly target: 380.48

Bharat Forge Monthly stock price targets

  • Upside monthly target: 579.7
  • Upside monthly target: 543.88
  • Upside monthly target: 507.29
  • Upside monthly target: 481.68
  • Downside monthly target: 456.93
  • Downside monthly target: 433.6
  • Downside monthly target: 376.43
  • Downside monthly target: 352.53
  • Downside monthly target: 329.56
  • Downside monthly target: 294.58
  • Downside monthly target: 273.43
  • Downside monthly target: 258.35
  • Downside monthly target: 115.33

Bharat Forge (BHARATFORG) indicators technical 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.

ADX buy sell signal for Bharat Forge stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Bharat Forge in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 475.56 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 positive

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

Related companies

Quick Charts: Daily Charts Long term Charts Weekly Charts Monthly Charts Renko Charts PNF Charts

chart BHARATFORG