500493 NEWS why is Bharat Forge price falling or rising

500493 NEWS reasons for why stock price of Bharat Forge is falling or rising

500493 Bharat Forge is falling or rising technical reasons

Technical analysis forecast of Bharat Forge Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Bharat Forge 500493 at this time. Stock is rising and might rise more.

It appears as if Bharat Forge 500493 gave a large move recently.

Stock of Bharat Forge (500493) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Bharat Forge is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Bharat Forge stays above 1195.7, but if it comes below 1195.7, then a intra day sell could be more profitable.
If you take a sell trade below 1195.7, then use 1195.7 as stoploss and 1165.64 as target. However if you take a buy trade in Bharat Forge, then use 1195.7 as stoploss and 1231.9 as target.

500493 Bharat Forge is falling or rising NEWS fundamental reasons

More announcements and NEWS

500493 Bharat Forge current price & indicator signals

Moving Averages for Bharat Forge

  • 5Day Average: 1187.22
  • 12Day Average: 1171.51
  • 20Day Average: 1152.86
  • 50Day Average: 1156.21
  • 100Day Average: 1184.26
  • 150Day Average: 1147.85
  • 200Day Average: 1097.63

500493 Indicators & signals

Indicator MACD (12,26,9)

1174.46, 1163.1, 4.49
Indicator MACD is in positive zone

Indicator ADX (14)

11.45, 23.84, 18.94
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of 500493 Bharat Forge are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
22 Mon Apr 2024 1203.15 1198.10 to 1214.95 0.84% 0.44 times
19 Fri Apr 2024 1193.10 1159.00 to 1196.00 0.61% 0.43 times
18 Thu Apr 2024 1185.90 1174.65 to 1196.15 0.3% 0.7 times
16 Tue Apr 2024 1182.30 1160.85 to 1189.00 0.91% 0.54 times
15 Mon Apr 2024 1171.65 1150.05 to 1175.70 -0.5% 1.61 times
12 Fri Apr 2024 1177.55 1163.00 to 1185.65 -0.08% 2.15 times
10 Wed Apr 2024 1178.45 1151.00 to 1183.00 2.55% 0.84 times
09 Tue Apr 2024 1149.10 1140.85 to 1186.05 -2.39% 0.66 times
08 Mon Apr 2024 1177.25 1136.00 to 1179.85 2.8% 1.1 times
05 Fri Apr 2024 1145.20 1136.25 to 1152.65 -0.69% 0.38 times
04 Thu Apr 2024 1153.15 1139.35 to 1172.25 1.04% 1.59 times
03 Wed Apr 2024 1141.30 1105.00 to 1143.35 -1.18% 0.99 times

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