NSE: 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...
This 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...
Bharat Forge gave a Decent Breakout from Major Hurdle, In Upcoming days we can see such good moves KEEP ON RADAR
Trading Strategy : Stock has given a breakout of the formation of cup and handle . One should buy the stock near the current level i.e. 930 and keeping a stop loss of 840 , look for the target of 1000/1100in the coming weeks and months. Buy: CMP Stop loss : 840 Targets: Tgt 1: 1000 Tgt 2: 1100 Theory: The Cup with Handle is a bullish continuation pattern that...
Good evening guys! Here is the analysis Of Bharat forge. >>It's a neat and clean rectangle pattern breakout in Bharat Forge. >>As we can see from the weekly time frame, it has been forming a strong resistance and support for the past two years. >>Today, it has given a breakout because Q1 earnings were released, and the company has performed remarkably well....
bharatforg cmp 850 weekly closing above 840 needed sl 820
Buy Bharat Forge above 1819, Target 826, 845. Reason for trade, stock took support on 50% pullback and reversed, also price took support on 20 EMA. Selling volume decreased and Buying volume increased. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If...
NSE:BHARATFORG is looking great for an upmove in coming days , stock has broken out of its previous all time highs and also retested its major demand zone , a double bottom in weekly time frame showing buyers coming in the stock , SL of 10% for targets of 1000/1160 levels in coming days, medium to long term swing🙌🙌🙌🙌🙌
Bharatforg forming double bottom on long time frame Above 809 Tgt 815-820-830++ in very short term Keeping on radar bharatforg 810 CE
Stock has taken support at it's supportive Trendline and moving higher, follow chart for support and resistance levels.
BUY - BHARAT FORGE CMP - Rs. 750 Target - 1: Rs. 813 Target - 2: Rs. 881 Target - 3: Rs. 1019 . . . Technicals - 1) Bullish Crab Harmonic Pattern. 2) Targets set using Fibonacci Retracements. . . Follow me for more!
Chart pattern does insist me to go with above titled opinion REASONS 1. Bharatforg has been trading inside Expanding triangle and currently it is under its upswing move inside the major expanding triangle. 2. In Weekly timeframe, there is a Bullish Pennant formed and Breakout has happened it seems( volume not so good ) 3. Target and SL mentioned...
tHE counter trading in tight range and need a breakout the primary trend is up but since its in consolidation, its better to wait for further moves
Bharatforg in weekly time frame then breakout DEC to FEB Consolidation zone will breakout really good returns
BO can be seen in the charts of Bharat forge @ 881 for the next target levels of 890 & 900 with SL of 872. Expected to move from the current levels as per price action movement. This is for your educational purpose only.
Head and shoulders pattern is formed in bharatforge and it is ready to breakout within few days....... it took almost 10 years to form this pattern, so it will give a very strong up move if the trendline is breaked.... you can enter this stock after retracement....or tommorrow with proper stoploss.....
NSE:BHARATFORG What is trend continuation ? Trend continuation means when we are in uptrend and witness a healthy correction most likely sideways movement in a channel and it breaks the correction sideways zone with big momentum candles then it might be signaling a strong new up trend starting. #so lets see how we can play with trend continuation on a...