Overall Technical outlook

Price Summary

Bharat Forge Limited's shares skyrocketed 2.26% today, reflecting a stellar day on the market.
Bharat Forge Limited's stock, on 2025-07-15 opened at 1210.0, climbed to a high of 1241.0, dropped to a low of 1200.0, and closed up 2.26% at 1237.4, with 1117925 shares traded.
The stock's highest price in the past 52 weeks is 1743.85, while its lowest price during the same period is 951.6.
The future price of BHARATFORG is anticipated to range from 880.0 to 1800.0, with an expected mean price of 1179.8148, according to the recommendations of 27 analysts.

Technicals

Support and Resistance: The price is currently at 1237.4, supported by 1216.55 and resisted by 1257.3. This indicates a range where 1216.55 may provide a base for the price, while 1257.3 serves as a cap on further upward movement for BHARATFORG.
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Support/Resistance for BHARATFORG


Aroon: The continuation of Aroon's bearish trend, with Aroon Down still at the 100 level, indicates strong bearish pressure. However, further analysis with additional indicators is essential to better understand the trend's potential impact on the market.
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Aroon chart for Bharat Forge Limited


Bol. Bands: In the most recent move, the price has crossed above the lower Bollinger Band, after previously being below it. This upward shift may indicate a recovery from oversold conditions for BHARATFORG, suggesting that the market could be transitioning out of its bearish phase. The crossover could be a sign of a potential trend reversal or a slowdown in the downward momentum.
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Bolinger Bands chart for Bharat Forge Limited


Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term.
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Parabolic Stop and Reverse chart for Bharat Forge Limited


Stochastic: With the K-line above the D-line and under 20 on the stochastic indicator, a bullish move is likely for BHARATFORG. This configuration suggests that the market could be transitioning from a lower level, potentially leading to an upward trend. Investors might consider this an early signal for potential growth.
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Stochastic chart for Bharat Forge Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Tripple SMA chart for Bharat Forge Limited


When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.