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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
24 Wed Feb 602.40 613.80 617.70 600.00 10.68 lakhs
23 Tue Feb 608.55 608.95 620.00 588.95 53.36 lakhs
22 Mon Feb 588.60 603.80 607.70 583.60 34.66 lakhs
19 Fri Feb 603.00 630.85 630.85 595.05 29.34 lakhs
18 Thu Feb 633.05 644.00 645.60 626.60 18.84 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 601.8 as stoploss in an intra day buy trade for a target of 623.69. However, stock will show a bearish move below 601.8.

  • 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

  • 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 614.25 as on 25 Thu Feb 9:50

Day open is at 607.80, day high is at 615.65, day low is at 604.30, and day volume is at 16.74 lakhs so far.

First 15 minute high low range is 604.30 - 611.85

First hour high low range is 604.30 - 615.65

Date Intraday Price Open High Low Volume
25 Thu Feb 9:50 614.25 607.80 615.65 604.30 391680
25 Thu Feb 9:45 615.50 607.80 615.65 604.30 368946
25 Thu Feb 9:40 613.70 607.80 615.65 604.30 315843
25 Thu Feb 9:35 613.95 607.80 614.75 604.30 249832
25 Thu Feb 9:30 613.50 607.80 613.55 604.30 177076
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: 608.08 or 605.025
  • Upside target: 611.85
  • Downside target : 596.75
  • Second Upside target: 610.05
  • Second Downside target : 592.35

Bharat Forge (BHARATFORG) weekly technical analysis

Date Weekly Close Open Range Volume
24 Wed Feb 602.40 603.80 583.60
620.00
98.696 lakhs
19 Fri Feb 603.00 635.55 595.05
653.40
144.483 lakhs
12 Fri Feb 640.10 621.00 620.00
666.65
175.739 lakhs
05 Fri Feb 617.90 587.00 576.50
668.00
144.465 lakhs
29 Fri Jan 583.80 635.30 562.00
636.00
107.236 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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
24 Wed Feb 602.40 587.00 576.50
668.00
563.383 lakhs
29 Fri Jan 583.80 527.65 524.25
676.90
776.528 lakhs
31 Thu Dec 525.30 513.50 492.10
567.25
677.016 lakhs
27 Fri Nov 508.35 454.00 445.00
539.65
615.885 lakhs
30 Fri Oct 451.30 448.00 439.50
498.75
489.958 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 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: 657.68
  • Upside daily target: 626.38
  • Downside daily target: 592.35

Bharat Forge Weekly stock price targets

  • Upside weekly target: 688.7
  • Upside weekly target: 648.35
  • Upside weekly target: 611.63
  • Downside weekly target: 574.8
  • Downside weekly target: 540.78
  • Downside weekly target: 477.93

Bharat Forge Monthly stock price targets

  • Upside monthly target: 706.68
  • Upside monthly target: 628.73
  • Downside monthly target: 589.45
  • Downside monthly target: 554.03
  • Downside monthly target: 508.7
  • Downside monthly target: 480.13
  • Downside monthly target: 453.81
  • Downside monthly target: 428.48
  • Downside monthly target: 394.93
  • Downside monthly target: 374.74
  • Downside monthly target: 352.53
  • Downside monthly target: 329.56
  • Downside monthly target: 294.58
  • Downside monthly target: 273.43

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 SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Bharat Forge in short term but BUY 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 623.14 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 negative.

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