Homepage Active Options Active Stocks

Stock analysis Bharat Forge Limited BHARATFORG

More indepth analysis on MunafaSutra.com

Moving Averages for Bharat Forge Limited

  • 5Day Average: 1277.91
  • 12Day Average: 1241.2
  • 20Day Average: 1208.63
  • 50Day Average: 1169.31
  • 100Day Average: 1194.39
  • 150Day Average: 1156.4
  • 200Day Average: 1114.34

BHARATFORG Indicators & signals

Indicator MACD (12,26,9)

1243.92, 1210.9, 26.23
Indicator MACD is in positive zone

Indicator ADX (14)

14.87, 28.07, 20.81
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of BHARATFORG Bharat Forge Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
03 Fri May 2024 1252.20 1242.20 to 1280.95 -1.73% 0.48 times
02 Thu May 2024 1274.25 1262.80 to 1285.00 0.24% 0.35 times
30 Tue Apr 2024 1271.20 1266.60 to 1301.00 -0.84% 0.44 times
29 Mon Apr 2024 1282.00 1273.55 to 1316.90 -2.13% 0.84 times
26 Fri Apr 2024 1309.90 1306.35 to 1326.00 -0.15% 0.76 times
25 Thu Apr 2024 1311.85 1237.20 to 1325.90 7.35% 4.54 times
24 Wed Apr 2024 1222.00 1209.05 to 1231.00 1.28% 0.9 times
23 Tue Apr 2024 1206.55 1194.75 to 1212.00 0.17% 0.34 times
22 Mon Apr 2024 1204.50 1197.15 to 1215.00 0.96% 0.54 times
19 Fri Apr 2024 1193.10 1158.10 to 1196.30 0.58% 0.55 times
18 Thu Apr 2024 1186.20 1174.40 to 1196.80 0.47% 0.75 times
16 Tue Apr 2024 1180.65 1162.50 to 1189.60 0.88% 1.01 times

Technical analysis forecast of Bharat Forge Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Bharat Forge Limited BHARATFORG at this time. Stock is rising and might rise more.

It appears as if Bharat Forge Limited BHARATFORG gave a large move recently.

Stock of Bharat Forge Limited (BHARATFORG) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Bharat Forge Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1276 as stoploss in an intra day sell trade for a target of 1221.81. However, stock will show a bullish move above 1276.

More indepth analysis on MunafaSutra.com