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Technicals for Bharat Forge Limited
By MusingTheNews
2025-04-25 20:26
Overall Technical outlook
Price Summary
On 2025-04-25, Bharat Forge Limited's shares started at 1105.6, peaked at 1115.7, bottomed out at 1080.8, and ended -1.55% lower at 1088.5, with 1392541 shares traded. The stock's highest value over the last 52 weeks is 1791.4, and the lowest value is 951.6. Analysts predict that the future price will fluctuate between 850.0 and 1800.0, with the mean expected price being approximately 1205.84.
Technicals
Support and Resistance: The price for BHARATFORG is 1088.5, with support at 1081.35 and resistance at 1169.85. This suggests a range where 1081.35 acts as a base, preventing declines, and 1169.85 caps gains, defining key trading levels. Support/Resistance for BHARATFORG
Aroon: The AROON 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. Aroon chart for Bharat Forge Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for Bharat Forge Limited
Parabolic SAR: The PSAR for BHARATFORG maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Bharat Forge Limited
Stochastic: The current state of the STOCHASTIC is neutral for BHARATFORG, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Stochastic chart for Bharat Forge Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. 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.
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