BullFO

2021 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
16 Wed Jun 731.85 743.80 744.80 729.00 16.17 lakhs
15 Tue Jun 741.50 745.00 749.90 732.20 22.03 lakhs
14 Mon Jun 740.70 750.00 751.00 725.00 17.8 lakhs
11 Fri Jun 747.90 768.00 773.95 745.00 31.79 lakhs
10 Thu Jun 758.35 760.00 763.00 749.00 34.43 lakhs
BHARATFORG chart

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 746.6 as stoploss in an intra day sell trade for a target of 705.58. However, stock will show a bullish move above 746.6.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of 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.

  • 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 736.30 as on 17 Thu Jun 10:05

Day open is at 731.50, day high is at 738.00, day low is at 725.00, and day volume is at 20.69 lakhs so far.

First 15 minute high low range is 725.00 - 734.80

First hour high low range is 725.00 - 738.00

Date Intraday Price Open High Low Volume
17 Thu Jun 10:05 736.30 731.50 738.00 725.00 288823
17 Thu Jun 10:00 735.80 731.50 738.00 725.00 275099
17 Thu Jun 9:55 734.80 731.50 738.00 725.00 268991
17 Thu Jun 9:50 734.35 731.50 738.00 725.00 248940
17 Thu Jun 9:45 733.65 731.50 738.00 725.00 243120
Intraday BHARATFORG chart

Prices of Bharat Forge are definitely rising in intraday. Look for buy opportunities.

Take a trade after 9:30am only.

Bharat Forge (BHARATFORG) intraday stock price targets

  • EntEntry: 729.9 or 733.6625
  • Upside target: 734.8
  • Downside target : 715.2
  • Second Upside target: 738.33
  • Second Downside target : 722.53

Bharat Forge (BHARATFORG) weekly technical analysis

Date Weekly Close Open Range Volume
16 Wed Jun 731.85 750.00 725.00
751.00
55.994 lakhs
11 Fri Jun 747.90 788.45 744.15
790.90
233.802 lakhs
04 Fri Jun 750.90 678.00 660.10
758.65
320.773 lakhs
28 Fri May 677.55 648.70 646.80
694.85
129.691 lakhs
21 Fri May 644.65 650.00 642.00
689.00
135.266 lakhs
weekly BHARATFORG chart

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

Weekly 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.

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
16 Wed Jun 731.85 682.00 660.10
790.90
596.433 lakhs
31 Mon May 677.85 602.55 598.60
694.85
501.58 lakhs
30 Fri Apr 610.40 603.80 555.75
626.90
371.826 lakhs
31 Wed Mar 595.95 619.60 568.30
650.00
399.954 lakhs
26 Fri Feb 610.05 587.00 576.50
668.00
621.706 lakhs
monthly BHARATFORG chart

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

Monthly Price action analysis of Bharat Forge 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.

Monthly 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 Daily stock price targets

  • Upside daily target: 786.55
  • Upside daily target: 746.68
  • Downside daily target: 700.4

Bharat Forge Weekly stock price targets

  • Upside weekly target: 804.05
  • Upside weekly target: 756.78
  • Downside weekly target: 715.43
  • Downside weekly target: 678.51
  • Downside weekly target: 644.15
  • Downside weekly target: 611
  • Downside weekly target: 576.19

Bharat Forge Monthly stock price targets

  • Upside monthly target: 826.78
  • Upside monthly target: 743.44
  • Downside monthly target: 706.68
  • Downside monthly target: 666.54
  • Downside monthly target: 630.64
  • Downside monthly target: 595.64
  • Downside monthly target: 554.03
  • Downside monthly target: 508.7
  • Downside monthly target: 480.13
  • Downside monthly target: 453.81
  • Downside monthly target: 394.93

Bharat Forge (BHARATFORG) indicators technical analysis

Price action analysis of Bharat Forge (BHARATFORG) 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.

ADX buy sell signal for Bharat Forge stock for short term is BUY. Signal strength is Strong 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. Bulls are getting tired and bears 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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 746.69 and Bharat Forge BHARATFORG stock is trading below this level. This means that stock is falling with high volumes. 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.

Related companies

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

chart BHARATFORG