Tech_stock_trader

Bharat forge stock for long entry

Long
NSE:BHARATFORG   BHARAT FORGE
For last few days stock of Bharat forge is trading in the range of 380 to 395 in the zone of support & resistance . Now once again stock is ready for the BO .Wait for the complete BO as marked red line. Long entry can be taken above the price of 395 for the next target level of 415-420 with the SL of 380. Also if stock open gap up then wait for the retest level of 380-386 this is another opportunity for long entry with good risk to reward ratio. So add the stock in your watch list for more price action trading.

Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Trade active
Comment: at 405
Comment: High 411

Comments

very well explained
Reply
Tech_stock_trader jyoti_renish
@jyoti_renish, thankyou
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out