Bharat Forge - Short Setup Short

BHARAT FORGENSE

Description

⋅ Jul 19, 2020 2:26 PM

Bharat Forge can give retracement as its facing resistance on Daily Time frame as shown in charts, One can initiate Short with Stoploss above the zone marked as per your own risk management

Chart Patterns bharatforge

Comments

vinayakprabhuk

⋅ Jul 19, 2020 3:32 PM

I think it is going to give a breakout tomorrow.....

kapilvaidya1

⋅ Jul 19, 2020 4:44 PM

@vinayakprabhuk, It might, but yesterdays red candle despite markets being positive is doubtful, Second reason is I can spot RSI Divergence

Shravankumaarr

⋅ Jul 19, 2020 10:35 PM

@vinayakprabhuk yes same feel