Bharat Forge- Breakout 1200 tgt 1263.
Bharat Forge has formed cup & handle pattern on weekly charts. Breakout above 1200 can lead to stock back to its ATH of 1363 in few weeks. 20EMA, currently at 1131, which is also near the lower end of the upchannel can be used as SL. We hold.
Note
Typo error in the heading. Target is 1363 and not 1263.
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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.