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Stock analysis Bharat Forge Limited BHARATFORG

More indepth analysis on MunafaSutra.com

Moving Averages for Bharat Forge Limited

  • 5Day Average: 1193.45
  • 12Day Average: 1246.49
  • 20Day Average: 1269.82
  • 50Day Average: 1321.88
  • 100Day Average: 1418.3
  • 150Day Average: 1493.05
  • 200Day Average: 1469.44

BHARATFORG Indicators & signals

Indicator MACD (12,26,9)

1233.44, 1274.08, -30.38
Indicator MACD is in negative zone

Indicator ADX (14)

58.02, 7.98, 30.04
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 39
Indicator RSI is indicating selling pressure and stock might fall.

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

Date Close Range Change % Volume
14 Tue Jan 2025 1190.40 1169.85 to 1202.90 1.76% 1.46 times
13 Mon Jan 2025 1169.85 1167.55 to 1211.30 0% 1.67 times
13 Mon Jan 2025 1169.85 1167.55 to 1211.30 -3.31% 1.67 times
10 Fri Jan 2025 1209.85 1203.45 to 1229.10 -1.42% 0.84 times
09 Thu Jan 2025 1227.30 1225.00 to 1254.45 -1.7% 0.62 times
08 Wed Jan 2025 1248.55 1225.00 to 1271.95 -1.69% 0.83 times
07 Tue Jan 2025 1270.05 1258.35 to 1290.00 0.74% 0.8 times
06 Mon Jan 2025 1260.75 1251.15 to 1301.65 -2.73% 0.74 times
03 Fri Jan 2025 1296.15 1291.00 to 1322.00 -1.49% 1.76 times
02 Thu Jan 2025 1315.70 1295.00 to 1320.95 1.22% 0.73 times
01 Wed Jan 2025 1299.90 1288.15 to 1304.65 0.03% 0.35 times
31 Tue Dec 2024 1299.50 1278.85 to 1312.65 -0.22% 0.54 times

Technical analysis forecast for Bharat Forge Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Bharat Forge Limited BHARATFORG at this time. Stock is falling and might fall more.

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

Stock of Bharat Forge Limited (BHARATFORG) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Bharat Forge Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Bharat Forge Limited stays below 1210.5, but if it comes above 1210.5, then a intra day buy could be more profitable.
If you take a sell trade below 1210.5, then use 1210.5 as stoploss and 1151.7 as target. However if you take a buy trade in Bharat Forge Limited, then use 1210.5 as stoploss and 1259.46 as target.

More indepth analysis on MunafaSutra.com