BHARAT FORGE LTD
Long
Updated

bharat forge looks bullish in medium term to long term

109
In weekly, price brokeout of horizontal resistance zone, and sustaining above it.

also price is sustaining above 20 ma and BB is in uptrend.

snapshot

with a sl - 527, 1st tgt - 800 long term tgt - 950
Trade active
till now 727,
Trade active
till now 738.85, moving up steadily snapshot
Trade active
it is still in uptrend. snapshot

close below 670, will raise concern on the direction of the trend.
Trade active
cmp - 762.80, in daily, price broke out of horizontal channel with good volume, snapshot
looks bullish.
Trade closed manually
in weekly, channel support broken looks bearish. snapshot

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.