Bharat Forge to outperformBharat Forge INHS pattern will be completed after crossing 680,
target 700,723
sl 663
BHARATFORG trade ideas
Bharat Forge H&S pattern or Fake pattern? Long...BHARATFORG make H&S pattern keep watch trade safe...
Pattern does not consider in many stocks keep watch trade safe...
if beak up then enter the trade
SL use for 2% Rule
Bharat forge head and sholder patternAfter correction bharat forge had made haed and sholder pattern with RSI above 50 and Positive MACD it shows the sign of Bullishness.
NSE:BHARATFORG Long above Volume ProfileNSE:BHARATFORG
Weekly:
MACD buy cross below 0 and price above pivot level
Daily:
RSI Trending to cross above 60
MACD forming higher highs
Volume Profile support
BHARATFORGE IHNS in the making?BHARATFORGE IHNS in the making?
24/08 - It has formed an outside bar, with a large down wick
Buy Bharat ForgeWith a Pennant and an internal Inverse H&S pattern, this stock should give a good move on the upside once a breakout happens above 655. Targets of 680 and 700 are in place
Bullish Divergence in BHARATFORGThere is Bullish Divergence in BHARATFORG.
Price has formed lower lows and RSI has formed higher highs.
Looks like there is change in the trend and price took support from long term support area.
Also, price has broken the trend line and given pullback on the support area after breaking out the trend line and formed higher low.
Currently, it has formed inside bar on last candle.
If you observe weekly chart it is indicating up move and price taking support.
BHARAT FORGE Head n ShouldersBHARATFORGE after a leg down, is making an inverted head n shoulders. Awaiting a breakout/reversal
Bharat forge -2 hr log - Long. can rally to 700Higher low made on 2 hrl charts. Stock rallying off that
Initiate Trade on BharatForgInitiate a Long trade on BharatForg, from 621.5 , SL @ 616.5 , Targets (1) 627, (2) 635 , (3) 641, (4) 650, (5) 660, (6) 668
Time frame :- 7 to 13 days
After completion of 1st target, revise stop to cost
