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ParamjitMahapatro
Dec 18, 2017 5:53 AM

bharat forge looks bullish in medium term to long term Long

BHARAT FORGENSE

Description

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

Trade active

till now 727,

Trade active

till now 738.85, moving up steadily

Trade active

it is still in uptrend.


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,

looks bullish.

Trade closed manually

in weekly, channel support broken looks bearish.
Comments
Rahulsharma25
Pl update post today's closing.
Regards,
ParamjitMahapatro
@Rahulsharma25, updated, plz check
Rahulsharma25
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