Bharatforg intraday bullish seen above 503
Updated
According to my study this stock shows a bullish momentum above the marked 503 levels.
Reason 1 : trend of the stock
2: Ema lines movements(relative) and its direction
3: technical indicator supports along with narrow cpr
4:trend line resistance breaking probability( pink line on chart)
5: delivery buying probabilities at current levels.
As a sum ...if market support it can go abv 503 levels . if so you can consider this for your watchlist.
THIS IS STRICTLY FOR EDUCATIONAL PURPOSE & NOT A RECOMENDATION.
*****## IF YOU LIKE MY STUDIES PLS FOLLOW ME THANK YOU ##***
Reason 1 : trend of the stock
2: Ema lines movements(relative) and its direction
3: technical indicator supports along with narrow cpr
4:trend line resistance breaking probability( pink line on chart)
5: delivery buying probabilities at current levels.
As a sum ...if market support it can go abv 503 levels . if so you can consider this for your watchlist.
THIS IS STRICTLY FOR EDUCATIONAL PURPOSE & NOT A RECOMENDATION.
*****## IF YOU LIKE MY STUDIES PLS FOLLOW ME THANK YOU ##***
Trade closed: target reached
target reached on aug 24 itself
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.