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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
24 Tue Nov 494.10 500.00 502.80 492.10 14.62 lakhs
23 Mon Nov 499.20 500.60 503.00 491.20 22.24 lakhs
20 Fri Nov 497.30 514.35 518.00 493.30 22.47 lakhs
19 Thu Nov 510.00 499.70 516.50 497.20 44.84 lakhs
18 Wed Nov 499.90 493.80 507.50 490.20 23.93 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 503.2 as stoploss in an intra day sell trade for a target of 483.01. However, stock will show a bullish move above 503.2.

  • Daily Price action analysis of 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.

  • 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 494.20 as on 24 Tue Nov 15:33

Day open is at 500.00, day high is at 502.80, day low is at 492.10, and day volume is at 532.84 lakhs so far.

First 15 minute high low range is 498.00 - 502.80

First hour high low range is 495.50 - 502.80

Date Intraday Price Open High Low Volume
24 Tue Nov 15:33 494.20 500.00 502.80 492.10 1461718
24 Tue Nov 15:29 494.20 500.00 502.80 492.10 1461718
24 Tue Nov 15:25 494.40 500.00 502.80 492.10 1430893
24 Tue Nov 15:20 494.00 500.00 502.80 492.10 1396168
24 Tue Nov 15:15 494.00 500.00 502.80 492.10 1323544
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: 500.4 or 495.275
  • Upside target: 502.8
  • Downside target : 493.2
  • Second Upside target: 498.45
  • Second Downside target : 487.75

Bharat Forge (BHARATFORG) weekly technical analysis

Date Weekly Close Open Range Volume
24 Tue Nov 494.10 500.60 491.20
503.00
36.855 lakhs
20 Fri Nov 497.30 486.85 482.10
518.00
125.526 lakhs
13 Fri Nov 481.10 480.60 478.00
539.65
225.379 lakhs
06 Fri Nov 477.05 454.00 445.00
486.85
107.294 lakhs
30 Fri Oct 451.30 495.10 447.25
495.90
107.544 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Bharat Forge (BHARATFORG) Monthly technical analysis

Date Monthly Close Open Range Volume
24 Tue Nov 494.10 454.00 445.00
539.65
495.054 lakhs
30 Fri Oct 451.30 448.00 439.50
498.75
489.958 lakhs
30 Wed Sep 447.55 492.00 427.50
512.70
484.138 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
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 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 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: 522.9
  • Upside daily target: 496.15
  • Downside daily target: 469.3

Bharat Forge Weekly stock price targets

  • Upside weekly target: 541.2
  • Upside weekly target: 509.6
  • Downside weekly target: 484.59
  • Downside weekly target: 461.03
  • Downside weekly target: 438.5
  • Downside weekly target: 408.05

Bharat Forge Monthly stock price targets

  • Upside monthly target: 579.7
  • Upside monthly target: 504.65
  • Downside monthly target: 480.13
  • Downside monthly target: 453.81
  • Downside monthly target: 428.48
  • Downside monthly target: 394.93
  • Downside monthly target: 375.2
  • 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 BUY signal for Bharat Forge in short term and the buy signal is strong.

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 getting stronger in this stock.

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 and the buying is gaining 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 498.05 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 positive

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

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chart BHARATFORG