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Bharatforge

BHARATFORG is Making Symmetrical Triangle Pattern (Breakout)Bharat Forge Limited : Forging Company ( NSE:BHARATFORG ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that broke this pattern. Or Low/High swing backward inside the pattern. And as soon as you get a profit of 0.50% of your target, you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High. Target and StopLoss are never already fixed in the chart pattern. Thank you. You always have to trade only by money management, position sizing, StopLoss trailing. This is the way to stay in profit. Chart Published By Ravinder Sharma
NSE:BHARATFORG
by R_Sharma
1
Bharat forge in bullish modeBuy Bharat Forge above 501 level for the target price of 515. Stock making higher highs & RSI Divergence is also on bullish mode. stock is at the resis level of 500. So Add the stock in your watch list to see the price action movement of the stock, SL can be kept around 488. After the level of 515 we can see more strength in the stock. Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
NSE:BHARATFORGLong
by Tech_stock_trader
Bharatforg intraday bullish seen above 503According to my study this stock shows a bullish momentum above the marked 503 levels. Reason 1 : trend of the stock 2: Ema lines movements(relative) and its direction 3: technical indicator supports along with narrow cpr 4:trend line resistance breaking probability( pink line on chart) 5: delivery buying probabilities at current levels. As a sum ...if market support it can go abv 503 levels . if so you can consider this for your watchlist. THIS IS STRICTLY FOR EDUCATIONAL PURPOSE & NOT A RECOMENDATION. *****## IF YOU LIKE MY STUDIES PLS FOLLOW ME THANK YOU ##***
NSE:BHARATFORGLong
by Francise_Varghese
2
Bharat forge stock for long entryFor last few days stock of Bharat forge is trading in the range of 380 to 395 in the zone of support & resistance. Now once again stock is ready for the BO .Wait for the complete BO as marked red line. Long entry can be taken above the price of 395 for the next target level of 415-420 with the SL of 380. Also if stock open gap up then wait for the retest level of 380-386 this is another opportunity for long entry with good risk to reward ratio. So add the stock in your watch list for more price action trading. Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
NSE:BHARATFORGLong
by Tech_stock_trader
2
Synergistic Pattern: Advance (Cup_Handle + Flag) + EMA 200Levels are mentioned on chart for Swing trading. Please check the description section for early entry level in given stock to get better Risk to Reward ratio. Kindly like & share this pattern. Comment with what do you think. Follow me @ tradingview for more updates!!! Early entry: 385 SL: 375 Target: 425/465 RR: 3.5/8.0 Thank you. Happy Trading!!! Best Regards, Dr. Shamraja Nadar, PhD in Technology. Disclaimer -------------------------------------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ---------------------------------------------------------
NSE:BHARATFORGLong
by Profitable_Traders
7
BHARAT FORGE SHOWING UP MOVE WILL IT CONTINUE SEE !!Hi Traders, 1. On 30th May 2020, I published my analysis on this stock where I mentioned in Point No. 3 is quoting for your consideration. " Otherwise the current market price is the right place to go down. If it moves down only then the accumulation process will start. If upper red channel band and the red dotted line are not taken out then see fall to the green zone." You can see I mentioned that point is right for done fall and stock price consolidated the next three days and went up. The price took resistance at the same white upper band and support at the lower band of the zone in the next whole month. Marked in the green circle. See the accuracy of the zone which shared you almost one month ago. That is why I say when I make support and resistance only one not many like others, only that will work. Has been proving consistently in my all posts. To make you better understand this setting last fig, compare it with the current . 2. Now current status is price made a morning star pattern which I circled in yellow. That is activated now. If price takes out red channel upper band with the upper band of the white zone in 4 hr time frame, then you will see the price going to the green line as an upside target. 3. On the contrary, I made sky blue support if it gets breached and does not cover in 1 hr candle, then positional long should be covered. But It does not mean will be bearish. Wait for the day close of the candle if closes below this line and next day 1hr closing is below previous day low then I will be bearish for this stock. Otherwise positional long will work well. This is how the price should be moved in next week. YOGESH VATS Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
NSE:BHARATFORGLong
by yvatsji
14