Buy Bharat Forge above 501 level for the target price of 515. Stock making higher highs & RSI Divergence is also on bullish mode. stock is at the resis level of 500. So Add the stock in your watch list to see the price action movement of the stock, SL can be kept around 488. After the level of 515 we can see more strength in the stock.
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.
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:
new high 505.5
Trade closed manually