Bharat Forge on 4-Hourly Chart looks bullish ass trendline breakout is seen at 698- 700, Not Stock Trading at 705, I am entering the Stock for the Swing trade around CMP 705 Expecting Targets of 750 and will place stoploss below yesterday's Low at 680.
Bharat Forge Ltd - 03.06.2022
The stock is trading @ 659 levels
There is a SUPPORT Zone @ 653 levels
The prices are below EMA
Let the prices go above 678
Watch out for the price action
Hello Traders,
This video link given below box is all about the analysis of Tata Motors and Bharat Forge . My bit is to provide you with the best information on the stock. Please see and feel.
Yogesh Vats
Hi Traders,
This video link below box is the complete weekly analysis of Tata Motors and Bharat Forge. If you see the accuracy of levels marked in both, you will feel comfortable taking positions accordingly.
Yogesh Vats
Hi Traders,
The analysis Of Bharat forge and Tata motors is given in the video link below box, which provides you with the current levels for trading these stocks.
Yogesh Vats
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.
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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...
Note: This is for educational purpose only.
There seems to be an Inverse Head & Shoulder pattern breakout with good volume. Moreover, RSI above 65 indicates bullish momentum.
