BHARAT FORGE INTRADAY SETUP 22ND MAY 2020

ON 14TH MAY BHARAT FORGE BROKEN THE CHANEL WHICH WAS ACTING AS SUPPORT AREA AND ON 18H MAY IT WORKS AS RESISTANCE AND PRICE REVERSE FROM HERE
TO DOWN SIDE FROM 268 LEVEL SEEN A BIG MOVE TOWARDS THE CHANEL NOW AT RESISTANCE ZONE.
SELL BELOW 291.25
STOP LOSS ABOVE 294
TARGET 1 287.40
TARGET 2 283.45
BUY ABOVE 296
STOP LOSS BELOW 291.45
TARGET 1 300
TARHET 2 306

Comment:

target achieved