BHARATFORG trade ideas
BHARATFORG: Beaish Shark 12-JAN-2020
BHARATFORG: Beaish Shark 12-JAN-2020
CMP: 513.10
Entry : 528- 540
Targets : 508,488
Stop loss: 548.20
Chart by : Karthikdeva
BHARAT FORGE (SHORT) 1D NSE1) Bearish Crab Pattern ( Harmonic Pattern )
2) RSI - Bearish divergence
3) Candlestick Pattern - Bearish One Black Crow
4) Strong Resistance @ 503
5) Stock Reversed from Channel TOP
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6) 1st Target - 462-460
7) 2nd Target - 435-433
8) SL - 503-501
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Note : This study for educational purpose only.
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Twitter - @bagade_arvind
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BHARAT FORGE IN THE VERGE OF BREAK OUTINVERTED HEAD AND SHOULDER PATTERN
BREAK OUT MAY TAKE IT TO TARGET 1 AND TARGET 2
BHARATFORGNSE:BHARATFORG
DAY TRADING CALL
SHARING KEYPOINTS FOR WEDNESDAY .
pls do not rush to enter your trade on first candle.
always wait for 2 or 3 candles to see the market behavior and than enter your trade accordingly .
enter/ exit/ sl will be decide after 1 or 2 candles,
by the way you already have key levels so it takes no time to setup your trade in live market
HAPPY TRADING..!
[Range Breakout] BHARATFORGBuy Above 447.9, SL 438.2, Target 467.3
Sell Below 438.2, SL 447.9, Target 418.8
Bharat Forge Trading SetupAfter some clear divergence in the price and multiple doji like candles, we can enter a short position just below the last down fractal.
