BHARATFORG trade ideas
BUILDING BULLISH DIVERSION IN BHARAT FORGE KEEP IN WACHLISTBUILDING BULLISH DIVERSION IN BHARAT FORGE . WAIT AND WHACH FOR A ENTEY .
Bharat Forge Again!Bharat Forge still playing with the levels as we published in July,2018
Follow the Fib levels for upside and downside movement as per chart which are self explanatory
Short on BHARATFORGESell below 574 on 15 min candle close, stock closed bearish sentiments on a daily support
BHARATFORG Turtle Tradesell 560PE at 9.35
sell 680CE at 4.2
in case of breakeven point crossing buy or sell futures according to break of lower or upper range
Bharat forge IHNS tradeEntry Strategy = Pivot Line
Stop Loss Strategy = PCL High
Exit Strategy = TSL
Enter 658.70
Tsl hit at 667
total points 8.3
Bharat Forge1) Broken triple top
2) Beneficiary of growth in US economy and currency fall
3) Got defense approval to make equipments
Bharat Forge Neckline - Swing TradeShort if it breaks the low of the previous day with a stop loss at the previous day's high.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
