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...
BHARATFORG:- Stock has done breakout by giving retesting also keep your eye Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful...
Bharat Forge looks like a strong chart in this market. Keep a stop loss at 825 and go long. Bharat Forge is an auto ancillary company and the company has three major products namely, Steel Forgings (97% of the revenues), Finished Machine Crankshafts and Front Axles Assembly and Components.
Breout after a fake breakout and retest. Nifty seems bullish, it may follow the trend. Entry: 875 SL: 835 Target: 950 Risk: reward - 1:2 If you find it helpful, like, share, and let me know in the comments.
Bharath forg - 1 day and 1 hour time frame- ready for breakout. Also RSI give conviction at 1 hr time frame. Please do your analysis.
Bullish Head and shoulder chart pattern formed in Bharat Forge and Target done. Classic example of Head & Shoulder chart Pattern
Buy Bharat Forge for a medium term target of of 1000 for a stop loss 1% below @800
Buy Bharat Forge @807 its moving towards multi year break out Tgt 950 + 1100 + SL 700 Duration 4 months.
had published this chart on 22 may mentioning double bottom done from that levels now it has given a 45 % returns bullish trend on the charts
kindly follow the level given on the charts its a good breakout only for educational purpose
forming downward channel pattern with double top pattern . today it form hanging dogi
Bharat Forge is the only stock in defense stock that has not hit all time high. The stock is in strong upmove and it has resistance around 840. So current target is 840 which is 5% from here. Will be trading in options.
Preparing for a big rally, keep auto stocks in radar specially Maruti,
Downside trendline will act like a very strong support if it will break you can expect a good move also if it will take support then you can go for long
This 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,...
Look we have already posted & our target level of 750 is already done. Now the stock is re-testing the support area again. A very high probability that stock can bounce back between the levels 742-750. on any bullish candle of 1 hour good to go long for the target of 800++. This is for your education purpose only. We provide live education. Please add the stock to...
Bharat Forge Limited(D) ▶️Buy above 799 ▶️Targets:- 810/820/830/847+ ▶️SL:- 750 ▶️Range Breakout with Massive Volumes {Chart shared for educational purpose} Feedback/Suggestions are welcome 🤗 #stockstobuy #Learner #Bharatforge #StockMarket #nifty50 #swingtrading
Bharat forge seems good on weekly chart it gives breakout on falling resistance trendline and gives breakout on relative strength indicator this indicator is indicating more bullishness is coming in this stock. CAUSE OF LONG-: 1- Breakout on falling resistance trendline 2- Breakout On relative strength indicator