BHARAT Forge TL BoTL Breakout in Bharat Forge. Swing players can watch this with SL below the BO TL.
BHARATFORG trade ideas
Bharatforg - Trend line rejection 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.
BHARATFORG LONG VIEWBHARATFORG LONG VIEW
POC Level: 753
In Triangle Now.
Buy at/above 775 SL: 700 TARGETS: 820/880/900/960
+ve Divergence in Volume
Data, Volume, Delivery & News in favor
*For educational purpose only
Not able to sustain highs After hitting a lifetime high, it hasn't attempted again and this suggest there is a lot of selling pressure at the top. 3 weeks of downward movement and all indicators have turned bearish.
Will short at the current levels for a medium term target of 650. View will be negated if weekly candle opens in green.
[POSITIONAL] BHARATFORG SHORT BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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Swing Bharat forge Clearly it can be seen bullish divergence on the 1hour time frame ...can go for swing position !!!!
Bharat Forge - Keep on radarThe 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.
Breakout and consolidationThis is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
BHARATFORG | Trendline breakout ahead for 12%BHARATFORG | Trendline breakout ahead for 12%
CMP : 780
Stoploss : 750
Target : 880, 920
1:3+ risk reward setup (1st target)
BHARATFORG 1HR ANALYSISbharatforg has broken out of a triangle pattern
we can see higher levels if it sustains the breakout
785 will be the entry, and we can hold it till it reaches
820-830
#Bharatforge cash : Looks good above 790.10#Bharatforge cash -Positional call
27.09.2021
Looks good above 790.10
stoploss 779
Target 808/824
Cmp 780.65
FOR LEARNING PURPOSE ONLYThe Stock Is Nearby Of Its Trendline.
If The Stock Gives The Breakout With Good Bullish Candle Than The Stock Can Give Good Returns.
So Traders Just Keep This On Your Radar.
Please Do Like Comment And Follow For More.
Thank You🙏
bharat forge daily bullishbreaking trend line , need a candle close above this, cmp 782, expecting , october more bullish for bharat forge
BHARATFORGbharatforg trading strategies
their are three probability to move
1) P50% (indicated in blue)
2) P35% (indicated in green)
3) p15% (indicated in red)
Bharat forge to take long entryLong bharat forge . All Important levels given on charts. RSI forming +ve divergence.
BHARATFORG Swing tradeBharatforge is about to breakout a great symmetrical triangle pattern.
Trade with caution use appropriate position sizing, always use stoploss.
Bharat Forge set for further up move!NSE:BHARATFORG set for +16% further up move.
Entry around RS776
Target: Rs909-911
