BHARAT FORGE LTD

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).