TradersVenue

Buy BharatForg Positional

Long
NSE:BHARATFORG   BHARAT FORGE
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Results are good. Stock is getting very good support near 470 levels. Buy BharatForg in cash segment 1 lot SL#465 and TGT#490/500/515/530. Period short to medium term.
Comment: Disclaimer: Objective of this post is to educate and help all members earn profit from trading. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE/BSE/MCX market basis above recommendations. All the stock picks are momentum picks chosen using technical indicators and for education purpose only. I am not responsible for profit and losses or SEBI audits arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades or trade at your own risk.
Comment: Stock initially hits stoploss below 465. Reentry met the 3rd targets almost. Looks good to hold with trailing stoploss.
Trade closed: target reached: Trade closed near 525. Almost hits all the targets.
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