As of May 9, 2025, Bharat Forge Ltd. (NSE: BHARATFORG) closed at ₹1,165.60. Below are the key monthly support and resistance levels based on various technical analyses:
📊 Monthly Support & Resistance Levels
Standard Pivot Points
Pivot Point: ₹1,215.77
Support Levels:
S1: ₹1,067.43
S2: ₹955.87
S3: ₹807.53
Resistance Levels:
R1: ₹1,327.33
R2: ₹1,475.67
Fibonacci Levels
Pivot Point: ₹1,067.43
Support Levels:
S1: ₹968.15
S2: ₹906.82
S3: ₹807.53
Resistance Levels:
R1: ₹1,166.72
R2: ₹1,228.05
R3: ₹1,327.33
Camarilla Levels
Pivot Point: ₹1,067.43
Support Levels:
S1: ₹1,080.38
S2: ₹1,056.55
S3: ₹1,032.73
Resistance Levels:
R1: ₹1,128.02
R2: ₹1,151.85
R3: ₹1,175.67
Woodie's Levels
Pivot Point: ₹1,076.62
Support Levels:
S1: ₹974.25
S2: ₹816.72
Resistance Levels:
R1: ₹1,234.15
R2: ₹1,336.52
Demark Levels
Pivot Point: ₹1,141.60
Support Level:
S1: ₹881.70
🔍 Observations
The stock is currently trading near the Fibonacci R1 level of ₹1,166.72, indicating potential resistance.
The Camarilla R2 level at ₹1,151.85 has recently been surpassed, suggesting bullish momentum.
Key support levels to monitor include ₹1,067.43 (Standard S1) and ₹1,056.55 (Camarilla S2).
📊 Monthly Support & Resistance Levels
Standard Pivot Points
Pivot Point: ₹1,215.77
Support Levels:
S1: ₹1,067.43
S2: ₹955.87
S3: ₹807.53
Resistance Levels:
R1: ₹1,327.33
R2: ₹1,475.67
Fibonacci Levels
Pivot Point: ₹1,067.43
Support Levels:
S1: ₹968.15
S2: ₹906.82
S3: ₹807.53
Resistance Levels:
R1: ₹1,166.72
R2: ₹1,228.05
R3: ₹1,327.33
Camarilla Levels
Pivot Point: ₹1,067.43
Support Levels:
S1: ₹1,080.38
S2: ₹1,056.55
S3: ₹1,032.73
Resistance Levels:
R1: ₹1,128.02
R2: ₹1,151.85
R3: ₹1,175.67
Woodie's Levels
Pivot Point: ₹1,076.62
Support Levels:
S1: ₹974.25
S2: ₹816.72
Resistance Levels:
R1: ₹1,234.15
R2: ₹1,336.52
Demark Levels
Pivot Point: ₹1,141.60
Support Level:
S1: ₹881.70
🔍 Observations
The stock is currently trading near the Fibonacci R1 level of ₹1,166.72, indicating potential resistance.
The Camarilla R2 level at ₹1,151.85 has recently been surpassed, suggesting bullish momentum.
Key support levels to monitor include ₹1,067.43 (Standard S1) and ₹1,056.55 (Camarilla S2).
Hello Guys ..
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Hello Guys ..
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
WhatsApp link- wa.link/d997q0
Email - techncialexpress@gmail.com ...
Script Coder/Trader//Investor from India. Drop a comment or DM if you have any questions! Let’s grow together!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.