Bharatforge
BHARAT FORGE SELL VIEWBHARAT FORGE LOOKS A SELL NEAR 654 WITH STOP LOSS ABOVE 669 FOR TGT 1 : 633 TGT 2 : 618 TGT 3 :606.
Try to book on a risk reward of 1:2 and don't wait for the exact targets as market is very uncertain.
This post is for educational purpose only.
Disclaimer post: We are not sebi registered analyst, plz do your own analysis before investing. we are not responsible for any of your losses
#11,BHARATFORGE (Confluence Breakout) Reasons to BUY:
Good Volume
Formation of Inverted Head & Shoulders
Price is heading towards the Resistance of Parallel Channel of Daily TimeFrame
The chart looks attractive with the confluence point
Relative Strength is above 60
Enter when the price breaks the confluence point.
Exit when the price breaks down the support trend line ( green Line)
Educational Purpose! Trade with proper risk management!