[Intraday] Bharat Forge Compression BetAs per charts. I will avoid if it triggers long. I will only take if it triggers short.
BHARATFORG trade ideas
Short sell in FuturesOne can look for sell set up once it move up and reverse on smaller time frame and look to book near the forecast
#NR7IB #BharatForge#BharatForge notices #NR7IB pattern on daily scale. And stock is trading above short term and mid term moving averages. One can plan for a range breakout trade beyond 447 (Low) and 553 (High) of previous session.
Bharat Forge - Channel.Taken Support & Bounced With Volume.
RSI Hidden Divergence.
Risk Reward Favourable.
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
BHARAT FORGE ANALYSIS QUINTUPLE BOTTOM AT 376 LEVELSIT IS CURRENTLY SHOWING BEARISH DIVERGENCE WITH STOCHASTICS IT MAY COME DOWN FIRST TARGET IS 396 AND FINAL TARGET IS GUESS WHERE 376 WHICH IS NOT DOUBLE TRIPLE QUADRUPLE BOTTOM IT IS ACTUALLY quintuple BOTTOM AS YOU CAN SEE ON A WEEKLY CHART 5 TIMES BOTTOM HAS BEEN MADE AT THIS LEVEL MARKED BY ARROWS WE CAN GO LONG ON THIS LEVEL FOR SURE GOOD LUCK
NOTE: NO ADVICE TRADE AT YOUR OWN RISK
Bharat ForgeInverted head and shoulder pattern in progress in Bharat Forge.
Target of 480 and Stop loss 408.
#BHARATFORG CASH : LOOKS GOOD SUPPORT AT 430-435#BHARATFORG CASH
03 OCT 2019
STRONG SUPPORT @ 430-435
GOOD TO BUY ABOVE 452 AND DIPS 446-447
SL 434
TARGET 468-470/500/540
CMP 441.70
BHARATFORGE : Intraday SellPut an EO on the light blue line and take profit after 15-18 points as it could reverse from there fast..
As indicated earlier : it can happen 1/2/3/4 days after too - not necessarily on Monday itself, but put your EO everyday for sure and leave it.. once tagged monitor it.
Will try to update on this stock as we move forward..
Please look at my analysis for medium term and long term prospects too.. it is amazing..
BHARAT FORG Expect Trent Test + RSI BHARATFORG Expect Trent Test + RSI
Entry Above 417
Target
431 & 445
Buy Bharat Forge in Intraday for target of 406Enter around 397.75. If you do like my views, please hit the like button & do follow my user ID. Thank You
