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Bharat Forge Limited

BHARATFORG.BO Technical Analysis Summary (BSE)

Analyze BHARATFORG.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

BHARATFORG.BOBSE
Consumer CyclicalAuto - Parts
2098.00
23.00(1.11%)
Indian Market opens in 1h 41m

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BHARATFORG.BO Technical Analysis Summary (BSE)

Bharat Forge Limited (BSE: BHARATFORG.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.69)
Trend Strength:Moderate (ADX: 24.65)
Volatility:Medium (ATR: 59.94)
Support/Resistance:$2037.30 – $2267.55 (Bollinger Bands)

Technical conditions suggest Bharat Forge Limited on the BSE is awaiting a decisive move. Technical conditions suggest Bharat Forge Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 45.69

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.07

Bearish
Momentum remains weak below midpoint.

Williams %R: -73.67

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.33

Bearish
Selling pressure outweighs buying.

Takeaway:Bharat Forge Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -10.21

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.65

Moderate
Moderate trend, direction gaining strength.

ATR (14): 59.94

Rising
Rising volatility, market activity increasing.

CCI (14): -68.11

Bearish
Bearish, momentum remains under pressure.

Takeaway:Bharat Forge Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2267.55
Middle Band (SMA 20)
$2152.43
Lower Band
$2037.30
Current Position
Within Bands

Takeaway:Bharat Forge Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2250.56
Middle Line (EMA 20)
$2130.68
Lower Channel
$2010.79
Squeeze Status
Squeeze On

Takeaway:Bharat Forge Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume961.07K
Money Flow Index36.85Bearish, selling pressure outweighs inflows.
Relative Vigor Index67.30Bullish, price momentum strongly favors buyers.

Overall Takeaway:BHARATFORG.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Bharat Forge Limited (BSE: BHARATFORG.BO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Bharat Forge Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: BHARATFORG.BO) Technical Analysis FAQ