Overall Technical outlook

Price Summary

On 2025-05-30, BHARATFORG's stock opened at 1260.0, reached a peak of 1262.4, dropped to 1238.0, and ended -1.52% lower at 1240.9, with a volume of 1020252 shares.
The peak price for the stock in the past 52 weeks is 1791.4, with the lowest price being 951.6.
According to 27 analysts, the price of BHARATFORG in the future is projected to be between 880.0 and 1800.0, with an average expected price of 1179.8148.

Technicals

Support and Resistance: The current price is 1240.9, with support at 1216.55 and resistance at 1257.3. This range suggests that the price might move between these levels, with 1216.55 offering support and 1257.3 capping further gains for Bharat Forge Limited.
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Support/Resistance for BHARATFORG


Aroon: The current reading of the AROON is neutral for BHARATFORG, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Aroon chart for Bharat Forge Limited


Bol. Bands: The current reading of the BOLL BANDS is neutral for BHARATFORG, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
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Bolinger Bands chart for Bharat Forge Limited


Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Bharat Forge Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum.
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Parabolic Stop and Reverse chart for Bharat Forge Limited


Stochastic: The STOCHASTIC is currently in a neutral position for Bharat Forge Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Stochastic chart for Bharat Forge Limited


Tripple Moving Agerage: The moving averages for the 20, 50, and 100 periods are aligned in a bearish trend, reflecting ongoing downward pressure. However, the slower SMAs are beginning to lose steam, suggesting that the bearish momentum might be fading. This could indicate a potential pivot towards a bullish direction in the near future, as the market appears to be preparing for a reversal from its current trend.
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Tripple SMA chart for Bharat Forge Limited


Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.