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MarketNeeti
May 29, 2018 5:46 AM
BHARAT FORGE LOOKS GOOD TO SHORT
NSE:BHARATFORG
1D
BHARAT FORGE
NSE
Description
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May 29, 2018 5:46 AM
Bharat forge broke the support zone in daily timeframe and sellers are controlling the market below support zone till now, We need to wait for any price action sell signal to go short, Don't take trade too early.
Support and Resistance
Trend Lines
Elliott Wave
priceactionanalysis
momentumstrategy
Trend Line Break
Comments
premanandh
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May 30, 2018 7:24 AM
good analysis bro. . .and also adding to your analysis . . it also looks like a head and shoulder pattern indicating a reversal. .
MarketNeeti
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May 30, 2018 7:28 AM
@premanandh
, Thanks, Head n shoulder with neckline break confirmation
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