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ParamjitMahapatro

bharat gears looks bullish in short to medium term

Long
BHARAT GEARS (NSE:BHARATGEAR)  
ParamjitMahapatro Updated   
NSE:BHARATGEAR   BHARAT GEARS
Cup And Handle Trend Analysis uptrend Bullish Patterns breakout cupandhandlepattern
4
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cupandhandle trendanalysis uptrend bullish breakout cupandhandlepattern
In daily, cup and handle formed and breakout happened with high volume,

in weekly price is in strong uptrend and sustaining above 20 ma,
snapshot

with s l - 175, 1st tgt - 245, 2nd tgt - 280
Trade active:
going good, till now 220
Comment:
cmp - 173.30, in weekly chart, price at trendline support, hidden bullish divergence formed also.

snapshot
Comment:
regular bullish divergence in daily,
snapshot
Trade closed manually:
Trendline support broken, it is in downtrend
snapshot
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