srikartiram

BHARATFORG | Closing above the resistance - Looks good for 40%

Long
NSE:BHARATFORG   BHARAT FORGE
BHARATFORG | Closing above the strong resistance. Looks good for 40%

CMP : 548 (Dip till 520)
SL : 500
Target : 685,785

Its weekly chart, may take some time to reach the target. Weeks to months.

Comments

Sri, please check Vguard, it's very complicated chart. I am not unable to figure out anything. My 5 lac is stuck @ 255 rs
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srikartiram mukeshsingh92
@mukeshsingh92, Did i revert back to you on this in msg? I can't find your username in my DM.
Reply
mukeshsingh92 srikartiram
@srikartiram, yes you did.. and i made good money :) i waited and waited.....finally during the breakout in last few days and I am making profit in intraday trades....position is still there .... want to sell it above 300.. hope chart suggests a 30-40% jump.
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All the trades i am taking.... apne 2/3 pehle already review diya hota h ...... hats off to behind the scenes hardwork....
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srikartiram Thunder918
@Thunder918, Thank you :)
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Bro check similar pattern in Marico, I posted that chart, just check it...
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srikartiram vpatil10
@vpatil10, Yes very much true. Will try to share the chart soon.
Reply
vpatil10 srikartiram
@srikartiram, I have shared the chart yesterday Bro, please have a look at once
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srikartiram vpatil10
@vpatil10, Great just checked. Just a tip, INHS is high probable if formed in down trend. Now it is more of trendline / resistance breakout we can expect. Conservative traders can take entry above 400 on closing basis.
+1 Reply
vpatil10 srikartiram
@srikartiram, yes Sri agree, thank you recognising...Agree with INHS in downtrend but in this current bull run of Nifty my personal experience observation is many stocks formed this on upper trend too and then ran like anything...yes good entry above 400 405 and 400 levels it tried so many times earlier ending with wicks only and this time it has formed a bullish engulfing good candle, so let's see...Thank you Bro
+2 Reply
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