BHARATFORG trade ideas
BharatForgNegative Divergence developed on Stochastic and MACD Indicators coupled with heavy selling of 800 Calls by bears. One can sell for the target at 760 and below. Stop Loss may be placed at 800. All the best.
Short Bharat Forge15-02-2018
Short Term:
Sell from 752, SL 767,
Target 730, T2 720
Time Frame 2 weeks
BHARAT FORGE - BULLISH PATTERNCMP 776
Target 900 plus
Stop 700
Stock has structured itself a 3 year cup based pattern post which a rectangular cosolidation witnessed over few weeks.
Stock has given a breakout with good volumes.
Stock has the potential to head towards 900 plus.
BharatForge Trendline RoosterBharat Forge , after a huge leg up, took resistance at the short term trendline. Awaiting a Breakout or reversal
Without Rooster-->
Bharat forge - Blast from the past (mirror to another name)Was very bullish on this stock when it was in the 400-450 range. Called it a multibagger. It is at lifetime highs now, almost doubled. Gave a lot of pain then. Today MCX has similar structure and no surprise is giving similar pain
BHARATFORGE: BUY @ 748.5 SL 731 TGT 810BHARATFORG added 7% today on NSE with close to 4 times the average volumes.
BUY BHARATFORG at 748.5 with SL 731 and Target of 810
Bharat Forge - Range Bound It has been observed that the price action facing a strong selling pressure at the resistance zone of 730-740 levels, which is indicating further weakness ahead. It has also observed that the price action also forming a range for past few months, which may likely to continue here on.
T1- 700
T2- 680
SL- 750
bharat forge looks bullish in medium term to long termIn weekly, price brokeout of horizontal resistance zone, and sustaining above it.
also price is sustaining above 20 ma and BB is in uptrend.
with a sl - 527, 1st tgt - 800 long term tgt - 950
BHARATFORG : IN : SHORT TERM AND MEDIUM TERM FORECASTAs per my wave analysis..
Good buy at 675-680 region with 715-720 targets.
#Bharatforge cash : Strong breakout above 716 leevlsFalling wedge breakout pattern...
Strong Confirmation if close tommorw above 716
SL 704 TGT 725-728/744
Support at Moving Average,Trendline Fib what else Bharat Forge was in Uptrend for a while decent pullback and its at multiple supports and divergence as well. Long for target 718 and 725. SL close below 690
#Bharatforge cash : Good above 716 #BHARATFORGE CASH LOOKS GOOD ABOVE 716 SL 710 TGT 720-722/727
(CMP 712) (23 nov 2017 - 08:25 AM)
