bharat forge looks bullish in medium term to long term

Dec 18, 2017

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

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



with a sl - 527, 1st tgt - 800 long term tgt - 950

Dec 21, 2017

Trade active

till now 727,

Jan 6, 2018

Trade active

till now 738.85, moving up steadily

Jan 16, 2018

Trade active

it is still in uptrend.

close below 670, will raise concern on the direction of the trend.

Feb 10, 2018

Trade active

cmp - 762.80, in daily, price broke out of horizontal channel with good volume,
looks bullish.

Jun 10, 2018

Trade closed manually

in weekly, channel support broken looks bearish.