Bharat Forge Weekly Outlook and Analysis:
For the Week: (July 31, 2023 – August 04, 2023)
Bharat Forge closed the previous week on a negative note losing 8.76%
Technically, Bharat Forge share price will see immediate support at 855.12 and immediate resistance would be seen at 935.77
If Bharat Forge share price closes below immediate support of 855.12, then sharp breakdown can be seen. Bharat Forge share price will see major support at 807.38 for the week.
On the positive side, immediate resistance will be seen at 935.77. Closing above 935.77, Bharat Forge share price will see a sharp breakout. Major resistance for Bharat Forge share price will be seen at 968.68 for the week.
Trading range for Bharat Forge share price for this week should be between 774.47 on down side and 1,016.42 on up side.
Bharat Forge Previous Week High: 920.95
Bharat Forge Previous Week Low: 840.3
Bharat Forge Previous Week Range: 80.65 Points
Bharat Forge share price support and resistance for the week (July 31, 2023 – August 04, 2023)
Level Type | Value |
---|---|
Resistance 3 | 1,016.42 |
Resistance 2 | 968.68 |
Resistance 1 | 935.77 |
Support 1 | 855.12 |
Support 2 | 807.38 |
Support 3 | 774.47 |