BHARATFORG trade ideas
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.
Bharat Forge to outperformBharat Forge INHS pattern will be completed after crossing 680,
target 700,723
sl 663
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
