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BHARATFORGMARKET OUTLOOKSTOCK OUTLOOK

Bharat Forge Outlook for the Week (October 16, 2023 – October 20, 2023)

Bharat Forge
Bharat Forge
Bharat Forge closed the previous week on a negative note losing 4.73%.

Technically, Bharat Forge share price will see immediate support at 1,085.37 and immediate resistance would be seen at 1,138.72.

If Bharat Forge share price closes below immediate support of 1,085.37, then sharp breakdown can be seen. Bharat Forge share price will see major support at 1,052.83 for the week.

On the positive side, immediate resistance will be seen at 1,138.72. Closing above 1,138.72, Bharat Forge share price will see a sharp breakout. Major resistance for Bharat Forge share price will be seen at 1,159.53 for the week.

Trading range for Bharat Forge share price for this week should be between 1,032.02 on down side and 1,192.07 on up side.

Bharat Forge Previous Week High: 1127

Bharat Forge Previous Week Low: 1073.65

Bharat Forge Previous Week Range: 53.35 Points

Bharat Forge share price support and resistance for the week (October 16, 2023 – October 20, 2023)

Level Type Value
Resistance 3 1,192.07
Resistance 2 1,159.53
Resistance 1 1,138.72
Support 1 1,085.37
Support 2 1,052.83
Support 3 1,032.02
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