BHARATFORG trade ideas
Long One can look for Going long on strong close or brake above the entry price
this will be short term trade positional
Look to book near the target
BEARs are riding the trendTrend is extremely WEAK, price falling below 414 and staying there for 15 mins with confirmation can see huge DIP towards 380/360. This could give great RR.
Bearish Bat- Bharat Forge - 2HBearish Bat- Bharat Forge - 2H
PRZ:472-473 | SL:476 | T1:465.50 | T2:461
CMP:462.60 11/07/2019 By Ramchandra
Bearish Bat - BharatForg - 4Hr Bearish Bat - BharatForg - 4Hr
PRZ: 474-477
SL: 482
TGT: 467, 462
15-07-2019
Short sell in Futures One can Look for short selling in Future contract after 1 Hour reversal
I am looking this could be the last move down before ending the Down ward trend , Look to book near the target as per forecast in Chart
BHARATFORG (Bharat Forge Ltd) BUY ABOVE 482BHARATFORG (Bharat Forge Ltd) BUY ABOVE 482
stock has seen the bottom down and if it breaks the trendline, it may go up for the targets of 490-495-500 respectively.
BHARATFORG BUY ABOVE 450BHARATFORG BUY ABOVE 450
BHARATFORG (Bharat Forge Ltd) BUY ABOVE 450. Multiple support and resistance region. So once it crosses 450, Stock can see upside first target is 458 next target is 465 and then third target is 472 and 476. With a SL (Stop Loss) of 444.
Query - Bharat forge - Investment Purpose CMP 484.45 Can add 4Query - Bharat forge - Investment Purpose CMP 484.45
Can add 40 % of Investment @ CMP good weekly demand zone + Double bottom I can see RSI divergence @ Weekly chart
Add 30 % @ 365-350 levels
Balance 20 % add if get @ 220 levels
Targets - 548- 630 - 693 - 780- 900+
BHARATFORG monthly chart studyBHARATFORG is currently at historical trendline support
One can buy in small quantity between 490 - 450
SL: 375
Regards,
KaattuRaaja tRex
Short for next few weekscurrently in Demand zone...
above 500 it wiil give 550-600
Below 450..expect 400 on chart
Bullish Butterfly - BharatForg - 4h Bullish Butterfly - BharatForg - 4h
PRZ: 467-470
SL: 463
TGT: 481, 487
01-05-2019
