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Technicals for Bharat Forge Limited
By MusingTheNews
2025-09-05 20:24
Overall Technical outlook
Price Summary
Bharat Forge Limited's stock started the year at 1145.0, climbed to a high of 1149.9, fell to 1128.0, and closed -0.72% lower at 1136.7, with 775047 shares traded on 2025-09-05. During the 52-week span, the stock hit a high of 1616.25 and a low of 951.6. Analysts expect the price of BHARATFORG to vary between 870.0 and 1800.0, with an average expected price near 1163.8148.
Technicals
Support and Resistance: The current price of 1136.7 for BHARATFORG is supported at 1135.5 and faces resistance at 1204.7. These levels indicate that 1135.5 could act as a floor, while 1204.7 might limit any further price increases. Support/Resistance for BHARATFORG
Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Aroon chart for Bharat Forge Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Bharat Forge Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Bharat Forge Limited
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Stochastic chart for Bharat Forge Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bullish trend, but the weakening slopes of the 20 and 50 SMAs suggest that this momentum may not last for BHARATFORG. This loss of strength could signal that the market is nearing a turning point, with a potential bearish shift in price action likely to occur soon as the uptrend loses steam. Tripple SMA chart for Bharat Forge Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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