NSE:BHARATFORG Hello All! Bharat Forge has been consistently following the lower channel trendline since April 2020. It came on its trendline and has shown a strong bullish swing reversal with healthy volumes.The trendline 1 which depicts how the stock was falling has also been broken. This I believe has generated a good opportunity to go long! Along with the...
bharat forge chart analysis for intraday and swing trading
On a daily timeframe, BHARATFORG gives breakout of descending triangle pattern also MACD crossover indicating upside rally in this stock. After this breakout if stock sustain above 790 level then it will give 100+ points rally in upcoming few trading session. Key Points for Bullish in this stock: 1) Descending Triangle Pattern resistance Breakout 2) This stock...
TL Breakout in Bharat Forge. Swing players can watch this with SL below the BO TL.
Price rejecting from the trend line and taking the support from the same level which makes it very strong level. When ever price reaching these levels then one can enter the trade with stop loss.
Triangle pattern in Bharat Forge Limited. Wait for the breakout.
Add the stock to your watchlist, there's chance a breakout soon!
The chart is self-explanatory. After breakout on any side, there will a good opportunity. Only for learning and sharing purposes. Not a bit of trading advice. Please comment or suggest your views.
Buy Bharatforg 770-775 Target 811/834 Stoploss 738 Educational Purpose Only
bharatforg trading strategies their are three probability to move 1) P50% (indicated in blue) 2) P35% (indicated in green) 3) p15% (indicated in red)
Long bharat forge . All Important levels given on charts. RSI forming +ve divergence.
Bharatforge is about to breakout a great symmetrical triangle pattern. Trade with caution use appropriate position sizing, always use stoploss.
Buy @793, SL-788, TGT-802 Sell @787, SL-791, TGT-778
NSE:BHARATFORG set for +16% further up move. Entry around RS776 Target: Rs909-911
Bharaforge potential reversal zone 778-80 can test 800 .....view negated below 770 DAILY CLOSE Thanks Jigar Pateel 8898030401
hello traders this is not a financial advise pls consult your financial advisor first thank you
NSE: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...
NSE: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:...