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BHARATFORGMARKET OUTLOOKSTOCK OUTLOOK

Bharat Forge Outlook for the Week (August 07, 2023 – August 11, 2023)

Bharat Forge closed the previous week on a negative note losing 4.61%.

Technically, Bharat Forge share price will see immediate support at 892.27 and immediate resistance would be seen at 935.57.

If Bharat Forge share price closes below immediate support of 892.27, then sharp breakdown can be seen. Bharat Forge share price will see major support at 871.98 for the week.

On the positive side, immediate resistance will be seen at 935.57. Closing above 935.57, Bharat Forge share price will see a sharp breakout. Major resistance for Bharat Forge share price will be seen at 958.58 for the week.

Trading range for Bharat Forge share price for this week should be between 848.97 on down side and 978.87 on up side.

Bharat Forge Previous Week High: 938.3

Bharat Forge Previous Week Low: 895

Bharat Forge Previous Week Range: 43.3 Points

Bharat Forge share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 978.87
Resistance 2 958.58
Resistance 1 935.57
Support 1 892.27
Support 2 871.98
Support 3 848.97

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