Bharatforge
SELL BHARATFORGE FUT 520.TARGET 440.STOCK ALREADY HAD BROKEN IMPORTANT SUPPORT LEVELS @ 540 AND CLOSED BELOW THAT LEVELS. IF ANY BOUNCE BACK WILL COME SELL THAT STOCK @ 520 & 540. KEEP S.L - BOTH LOT 580. WHEN YOU TRADE IN FUTURE YOU CAN HEDGE YOUR POSITION WITH OPTION.ITS BEST WAY FOR PROTECT YOUR CAPITAL. SO YOU WILL BUY 520 CE & 540 CE WHEN EXECUTE ABOVE TRADE.
NOTE : BEFORE TAKE THIS TRADE YOU WILL ANALYSE YOUR RISK LEVEL.
BHARATFORG: SELL AT 540, SL 547 TARGET 513BHARATFORG has lost 8% of its ground with 10 times of its average volume on NSE signifying a greater amount of selling taking place in stock.
SELL BHARATFORG
SELL @ 540
SL @ 547
TGT @ 513
Bharat Forge H&S pattern or Fake pattern? Long...BHARATFORG make H&S pattern keep watch trade safe...
Pattern does not consider in many stocks keep watch trade safe...
if beak up then enter the trade
SL use for 2% Rule
Buy Bharat ForgeWith a Pennant and an internal Inverse H&S pattern, this stock should give a good move on the upside once a breakout happens above 655. Targets of 680 and 700 are in place
BHARAT FORGE Head n ShouldersBHARATFORGE after a leg down, is making an inverted head n shoulders. Awaiting a breakout/reversal
My PredictiveEngine's Intraday call(06-Apr) - BHARATFORG - ShortBased on my PredictiveSystem's signals, tomorrow (06-Apr) its going to be a RED candle for NSE:BHARATFORG
Sell below: 725.1
Target-1: 719.7
Target-2: 716.4
Target-3: 713.0
Stop loss: 730.1
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
BharatForge Trendline RoosterBharat Forge , after a huge leg up, took resistance at the short term trendline. Awaiting a Breakout or reversal
Without Rooster-->
Bharat Forge - Range Bound It has been observed that the price action facing a strong selling pressure at the resistance zone of 730-740 levels, which is indicating further weakness ahead. It has also observed that the price action also forming a range for past few months, which may likely to continue here on.
T1- 700
T2- 680
SL- 750
BHARATFORGE BreakoutBHARATFORG has been respecting the neckline for a while. currently in a breakout/reversal zone
BHARATFORGE BreakoutBHARATFORGE is in the breakout/Reversal zone, on a neckline .
Also it hasnt made a lower low since august 2016 on the daily timeframe.
BHARATFORGE Triangle BreakoutBharatforge is in the Breakout / Reversal Zone.
Moving in a channel for almost an year, had a great leg up from 720 to 1220
approaching /retesting another channel sup/ res orange band for a breakout/ reversal.
It can make a leg down inthe triangle before breakout on the upside.
bharat forge looks bullish in medium termprice is in uptrend channel in weekly time frame. and current trend is up,
So it can go to the channel resistance easily
sl - 1070 1st tgt - 1210 2nd tgt -1280
