BHARATFORG - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:02 am

IntraDay Trade Rating: 4.2

📊 Analysis: Bharat Forge shows moderate intraday potential. Current price (₹1440) is near resistance (₹1461), with RSI at 54.6 indicating neutral momentum. MACD positive (13.8) suggests mild bullish bias. Volume is slightly above average, supporting intraday liquidity.

💹 Optimal Buy Price: Around ₹1425–1435 (near minor support zone).

🎯 Profit-Taking Levels: ₹1455–1460 (near resistance).

🛡️ Stop-Loss: ₹1410 (below intraday support).

⏱️ If Already Holding: Consider exiting if price fails to sustain above ₹1445 with weakening momentum (RSI dropping below 50 or MACD flattening). Exit near ₹1455–1460 if momentum holds; cut positions if volume dries up and price slips below ₹1410.

Positive

• 📈 Strong long-term trend above 50DMA (₹1358) and 200DMA (₹1278).
• 💰 Healthy ROCE (14.6%) and ROE (13.7%).
• 📊 Liquidity supported by above-average intraday volume.

Limitation

• ⚠️ High P/E (50.6) vs industry average (30.0).
• 📉 Quarterly profit declined (-10.3%).
• 📉 FII holding reduced (-0.75%).

Company Negative News

• 📉 Recent quarterly PAT dropped from ₹339 Cr. to ₹316 Cr.
• ⚠️ PEG ratio (4.38) indicates overvaluation relative to growth.

Company Positive News

• 📈 DII holding increased (+0.85%), showing domestic institutional confidence.
• 💹 Stock trading near 52-week high (96.1% of range).

Industry

• 🏭 Industry PE at 30.0, lower than Bharat Forge’s valuation.
• 📊 Sector demand supported by auto and industrial cycles.

Conclusion

⚖️ Bharat Forge is a moderately good intraday candidate today with neutral-to-positive momentum. Buy near ₹1425–1435, target ₹1455–1460, and protect downside at ₹1410. If already holding, monitor RSI and MACD closely for exit signals.

Would you like me to also prepare a basket overlay with peer benchmarking for Bharat Forge against other auto/industrial stocks, so you can see relative intraday strength?