bharatforge

InsiderB Updated 

There we have simple channeling in Bharat Forge and if the breakout happens as expected we will see new high. Though the potential Double top is not eliminated there are chances for that to fail due to the Bull run, so one may take chance even after the DT failure, but both entries are aggressive only. So Plan your risk first :)

AshishChauhan_AlgoTrader Updated 

Bharatforge is giving a long breakout and is moving in a arc pattern. It can give a nice move from here and a level of 1350 can be seen soon with the sl of 1010

raghu.972 Updated 

It looks, Bharat Forge bounced off from Channel Support and 50 day moving averages. Near term target is 1110 with stop loss of 1000

Nar

Bharat Forge weekly is showing a nice cup and handle formation. Buy can be triggered on the trade above the breakout level of 1100. Expected targets are 1330 and 1430.

dravya Updated 

The stock has given rejection wicks / failed breakdowns from its support levels indicating bulls defending it. Keep it in watchlist for going long. If it closes or is going to close above the blue line, go long.

santhoshk Updated 

stock can bounce till 1030 if 1015 hold buy zone 1020 with SL: 1010 tgt:1030-1040

Lestat777

Hi I am new here so this will seem cave man like. I am still figuring this set up out but I think this is a great stock from a technicals and fundamentals stand point. Technicals: Great trading volumes Relatively low RSI & CCI despite the upward moves Another interesting thing to note is the movements this stock has been showing this entire month... pretty big...

Lestat777

Apologies, Im still figuring how to populate everything but here's a good one... I've shared a summary as well

dravya Updated 

CMP - 940 SL - 942.5 Target - Closing basis

AshishChauhan_AlgoTrader Updated 

Bharatforge will give a long Breakout Above 935.60 it can go to level Upside level till -956.80/978.70 Downside safe level- 919 Its a positional view...

praveen.bhatiya Updated 

Clearly formed pattern with alternate touches both sides. The stock is showing strength although market is in bear grip. One can expect the price in the range of 1110 - 1145.

praveen.bhatiya Updated 

Vertical price move from 05.12.16 to 08.12.16 has formed a pole and pattern gave breakout after 2 days of consolidation which is normal for flag pattern as it is a small pattern. It seems a good Flag formation as the volume on last day of pole and on the breakout day was relative higher. One can enter long now for a target of 1060. Stop Loss closing below 944.

algomojo

Its a long term buy as coppock enters positive territory on 2nd Nov 2016. So far up by 14% since then.

AshishChauhan_AlgoTrader Updated 

BharatForge will give a long Breakout above 970.20, above 970.20 it can go to the level 979 if do not break the level 961.50 on downside.

AshishChauhan_AlgoTrader

Bharatforge will give a long breakout above 959.30, above 959.30 it can go the level 968.20 if do not break 951.50 on downside.

nextgen

Bharat Forge after trading in down trend, has been forming a cup and handle pattern,it has broken the handle and seems to have established up trend from here and may see the target of 1146 in the couple of months. traders may enter long in this stock with a first target somewhere between 968-970 in near term.

InsiderB

This trade on Bharatforg may take a month or so to complete the full trade, its for positional traders who trades on short term a month or two. Dont expect this to happen over a week or 2,3 days Happy Trading !