Analysis of the St. Louis Fed’s view that economic education strengthens monetary...
Technicals for Bharat Forge Limited
By MusingTheNews
2025-10-17 20:26
Overall Technical outlook
Price Summary
Bharat Forge Limited had a impressive day at the stock market, and its shares skyrocketed 2.53%. Bharat Forge Limited's stock opened at 1234.0 on 2025-10-16, surged to 1275.9, hit a low of 1230.0, and closed up 2.53% at 1265.2, with 1695086 shares traded. Throughout the 52-week period, the stock hit a high of 1474.75 and a low of 951.6. The future price of BHARATFORG is anticipated to range from 900.0 to 1800.0, with an expected mean price of 1175.6296, according to the recommendations of 27 analysts.
Technicals
Support and Resistance: The price for BHARATFORG at 1265.2 finds support at 1257.3 and resistance at 1295.3. This suggests a trading range, where 1257.3 serves as a support level and 1295.3 acts as a resistance point, potentially capping further gains. Support/Resistance for BHARATFORG
Aroon: The continuation of Aroon's bullish trend, with Aroon Up remaining at 100, signals strong momentum. However, to fully assess the trend's future potential, it should be analyzed in conjunction with other technical indicators. 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 remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for Bharat Forge Limited
Stochastic: The stochastic indicator shows a bullish sentiment, with the K-line above both the D-line and the 80 level. This configuration indicates strong upward momentum, suggesting that BHARATFORG may continue its upward trend. Traders might view this as a sign of sustained strength. Stochastic chart for Bharat Forge Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for Bharat Forge Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An analysis of South Asia's economic trajectory focusing on the potential of...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.