Go with your analysis, we can see some good moves coming.
NOT A BREAKOUT IDEA Continuing to stay with the trend. BHARATFORG made all time high on 13 July 2021. Then it came down to low of 766.95 on 28 July 2021. After that it is showing signs of trending up as ADX is above 30. With a stop loss of recent low i.e., 766.95. There is a good probability of crossing all time high levels.
Note : Please make sure that Price should open below 787. If price gaps up, then ignore.
Sell @779, SL-784, TGT-770 Buy @788, SL-783, TGT-795
Buy above 802 with the stop loss of 797. Targets are 807, 812 and 818. Sell below 796 with the stop loss of 801. Targets are 791, 786 and 781.
#BharatForge long Target 850+ stoploss 772
Target will be 16% and SL would be 4.45%
#BharatForge cash 19.07.2021 Looks good above 815.10 stoploss 805 Target 823/832 Cmp 812.05
BHARATFORG Can go long at 820 with stop loss of 800 for the target of 840 and 860
BHARATFORG has broken it's all-time high with bullish momentum.
Sell from 817 to 820 easy target 795 Disclaimer : This is my personal analysis for study purpose not intended for trading
bharat forge chart analysis for intraday and swing trading
#BHARATFORGE Fresh Breakout from 28 February 2018. Long Fresh breakout. Fundamentally Good. Improving Cashflow and sales orders. Good Balance sheet.
BharatForge : Positional At MultiYear Breakout Long above 815 with SL 750