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BHARATFORG

BHARAT FORGE - Bullish Momentum with VolumesNSE: BHARATFORG is closing with a bullish momentum candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:BHARATFORGLong
by BrahmaBull31
BHARATFORG Analysis & PredictionThis is the analysis of BHARATFORG in the Daily Time Frame. Watch carefully. The chart explains itself. Results on 12 Feb 2024, so be careful. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your “STOMACH”. Disclaimer: This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Happy trading. About BHARATFORG : Bharat Forge Ltd. engages in the manufacture, assemble, and sale of forged and machined components. The firm operates through the Forgings and Others segments. The Forgings segment produces and sells forged products comprising of forgings and machined components for the automotive and industrial sector. The Others segment includes initiatives other than forging related activities. The company was founded by Nilkanthrao Kalyani on June 19, 1961 and is headquartered in Pune, India.
NSE:BHARATFORGLong
by suraranjanganguli
Bharat ForgeThis stock has given breakout of typical triangle chart pattern on daily chart, along with good intensity of volumes, this triangle pattern is typically seen at the end of complex correction in wave Z. As per wave structure also it is showing same scenario fitting well, overall if it gives up move as a retracement only up to 61.8% of last fall since November 2021, then we can see 751 levels on up side, on the way down 20DMA and RK's stop line are support areas which are currently pegged at 656 and 660 and major stop loss is last swing low of 630 to watch out for upcoming days. breakout with good intensity of volumes Macd histogram breakout, along with macd positive uptick above zero line, on daily chart Macd positive crossover in weekly chart price closing above 20wma price in daily chart trying to create momentum towards north RSI uptick and crossing up 60 in daily chart dmi adx positive strength on daily chart Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
NSE:BHARATFORGLong
by RK_Chaarts
7
Simple Trade Setup | BHARATFORG | 22-11-2021 [ INTRADAY]NSE:BHARATFORG Observations: 1) On 1day time frame, it sustain above 50DMA. 50DMA is placed at 773.69. Please refer below chart : 1 day Time Frame. 2) On 1day time frame, we can see the major support range is at 760-768 level range. Please refer below chart : 1 hr Time Frame. ------------------------------------- Trade Setup for Date: 22-11-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:BHARATFORG
by Trading_hawk
Simple Trade Setup | BHARATFORGE |02-09-2021NSE:BHARATFORG Observations: 1) On Daily Time frame you can see that it has already closed above 21DMA. Please refer below chart : Daily time frame. ------------------------------------- For POSITIONAL trade one can take long position from CMP as well as any dip above 760 level will be good buying opportunity. SL will be 750. ------------------------------------- Trade Setup for Date 02-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:BHARATFORG
by Trading_hawk
Simple Trade Setup | BHARATFORGE | 31-08-2021NSE:BHARATFORG Observations: 1) On Daily time frame it took resistance from 21DMA which is placed near 775 level. Please refer below chart : Daily time frame. 2) On 1 hour time frame we can see that major resistance is at 780 and major support is at 719. Any dip above 719 will be buying opportunity for positional trade. Please refer below chart: 1hour time frame. ------------------------------------- Trade Setup for Date 31-08-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:BHARATFORG
by Trading_hawk