h24r24

Bharatforg

Long
NSE:BHARATFORG   BHARAT FORGE
Bharatforg closing 883. Last 10-20 days made the range and create the consolidation move and when the breakout the range and when closing above 900 then buy with stoploss 870 then targtes are 930-970-1000+.

Buying reason.

1 --> Price create the consolidate move and range creteion.
2 --> Also 20 ema and 50 ema perform as a support.
3 --> RSI is also above 50 and weekly above 60.
4 --> ADX is also show the bullish move and +DMI is also rising.

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.