SWING TRADE BHARAT FORGERSI DAILY ABOVE 60 ,
MONTHLY AND WEEKLY ABOVE 60
BUY ABOVE 738 , SL- 700
TARGET 768 , 790
BHARATFORG trade ideas
Awaiting BO - Long Trade1) 5 month base created on Daily timeframe
2) 2nd Base creation in Weekly timeframe
3) All MAs stacked and sloped
4) BO expected - TGT Rs.790 (20% move)
DISCLAIMER: ONLY FOR SELF EDUCATIONAL PURPOSE
BHARAT FORGE-BREAKOUTTHE BEST BUYING RANGE IS 710-720 LEVELS. BUT IF THE MOMENTUM CONTINUES IMMEDIATE TARGETS OF 785-790 CAN BE ACHIEVED. IF YOU'RE BUYING AT HIGHER LEVELS MAINTAIN A STRICT STOP LOSS BUT IF YOU ARE BUYING AT 710 LEVELS THE REWARD TO RISK RATIO LOOKS GOOD.
BHARATFORG | Closing above the resistance - Looks good for 40%BHARATFORG | Closing above the strong resistance. Looks good for 40%
CMP : 548 (Dip till 520)
SL : 500
Target : 685,785
Its weekly chart, may take some time to reach the target. Weeks to months.
BUY BHARAT FORGEit has given breakout previously but it fail to sustain above 666 and came down near 21EMA. now again price has crossed its breakout level. we may see 775 in coming months. view negated below 640
BHARAT FORGENote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
BHARAT FORGE BULLISHStrong bullish move in last session with heavy volume was seen, we can see 795 in a short term.
Breakout in Bharat Forge...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BHARATFORG | Yet another breakout for 20%BHARATFORG | Yet another breakout for 20%
CMP : 639
SL : 615
Target : 695, 785
Kind of flag setup in weekly time frame
Bharat Forge - CMP: 631 Wedge BreakoutIt has a broken wedge pattern with a good delivery volume. All oscillators are in bullish bios. We can expect a wedge pattern target of 715/720 in the near term.
Inverse head and shoulder pattern breakout with restest1st reason- Inverse head and shoulder pattern
2nd reason- Breakout-restest-continuation
Can be bought for a target of 700.
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BHARATFORGE - Swing & Intraday | Friday Trade (14th May)Stock is trying to break the resistance zone 4th time this year. It has broken the resistance TL and if its successful in breaking the resistance zone this time then we can see good upside in the coming sessions.
Above 677 target 694, 751 and 798 for short to mid term.
P.S. Wait for candle close at required levels
Bharatforge - buy on dipsBuy from cmp to 688
target - yours
sl close below 679
Disclaimer : This is my personal analysis for study purpose not intended for trading
Bharat Forge buy above 702 CMP 701.7 Target 710-715-720-725Bharat Forge buy above 702
CMP 701.7
Target 710-715-720-725-730+
SL below 694
Bharat forge 710 CE CMP 28.5
Buy above 31
Buy Target 35-40-45-50+
SL below 26
BharatForge - Ascending Triangle BreakoutBharatForge :
Ascending Triangle breakout done
Long above 702 with a SL 685
