Bharat Forge breakoutBreout after a fake breakout and retest. Nifty seems bullish, it may follow the trend.
Entry: 875
SL: 835
Target: 950
Risk: reward - 1:2
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BHARATFORG trade ideas
Bharat forge breakout , BTST opportunitydo like and follow to get the latest updates
its an opportunity to buy for 3 months for upside target
#Bharatforg cash : Good support 845-850#Bharatforg cash -for 7 days
04.12.2022
Looks good around 844-850
Stoploss 835
Target 860-862/878
cmp 855
Bharath forgBharath forg - 1 day and 1 hour time frame-
ready for breakout. Also RSI give conviction at 1 hr time frame.
Please do your analysis.
Bharat ForgePrice has broken the channel and falling down. Sell below 848 with the stop loss of 853 for the targets 843, 839 and 834. Do you manage your risk in trading?
BHARAT FORGE --SWING TRADEBHARAT FORGE 15 MIN CHART --SWING TRADE
1. As per 15 min chart trendline breakout seen on chart , swing trade can be taken above 858 level for target 875 - 890- 900 level short term
2. trix line shown positive crossover at current level , for confirmation of trade initiate BUy when 15 min candle close above 855
3 Stop loss can be place bellow trendline support at 835
4 for educational purpose ..trinagle breakout, double top , double bottom formation of same chart shown .
THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk .!!''
HAPPY TRADING, !!
Bharat Forge - Bullish Head & ShoulderBullish Head and shoulder chart pattern formed in Bharat Forge and Target done.
Classic example of Head & Shoulder chart Pattern
Go Long in Bharat ForgeBreakout has been confirmed in Bharat Forge.
Inverse Head and Shoulder on monthly time frame has been drawn for educational purposes.
It can be a good stock to go long and 2x in one year time.
Bharat Forge Cup & Handle Breakout#Stock : #Bharat Forge
#Chart Time Frame: #Monthly
#Structure : #Breakout on #Monthly basis of #Cup & Handle
On #Monthly Time Frame the Stock has given a Good #Breakout with decent #Volumes at the #Top of #Cup & Handle Pattern which is a #Bullish Continuation Pattern and shows that the Stock has a long way to go from its #CMP 875 and any fall towards 800 will be only a great opportunity to buy for the long term bet for 1x
So stock looks good for long as per the levels mentioned below:
CMP - 875.50 or BoD 800
Target 1 - 950
Target 2 - 1096
Target 3 - 1244 + +
SL - 677
Holding Time Frame - Short to Medium Term & Medium to Long Term
All charts & studies posted here are only for EDUCATIONAL PURPOSE
Bharat ForgeBuy Bharat Forge @807 its moving towards multi year break out Tgt 950 + 1100 + SL 700
Duration 4 months.
H&S pattern Bharat Forge - Monthly timeframe Head and Shoulder pattern in Monthly time frame. Very bullish since this is formed in the Monthly timeframe. Long long long......
BHARATFORG - 70% upside potential BHARATFORG has formed Cup n Handle pattern on long term timeframe.
It seems to have given a breakout of resistance at 805 levels, so one can start accumulating at 810+ levels and keep adding as the stock shows further momentum on the upside.
However, we have to wait for a daily candle close above 830-840 levels to confirm the cup and handle breakout.
First target: 1040+
Second Target: 1430+
SL: Daily candle close below 800 levels.
View: 6 months to 1 year approx
Tentative Cup and Handle Pattern. Looking good for Long.Cup and Handle in formation.
CMP- 821
Looking good for longs above 870.
A BIG MOVE BREAKOUTOn the daily timeframe, we notice an inverted head and shoulder pattern, as well as after breaking a long lower low pattern and making an excellent higher high pattern on the weekly timeframe, In my observation we see 20% -30% upside in next 2 to 3 quater.
BHARATFORGE on verge of breakoutBuy BHARATFORGE 790-810 FOR 850/890. Invalid below 775 on closing basis.
Bharat Forge - Good Result playA rise in class 8 truck sales in the US + the potential for a large defence order soon for guns could proper the stock to much higher levels.
Long at current prices with a stop loss below 750.
Bharat forge Bharat forge Ltd. Market recognise Bharat forge majorly as a "A" class truck components suppliers.But Bharat forge do lot of defence contract manufacturing also and now entering in EV segment and green energy segment too. On technical ground, poll & flag pattern breakout already done now stock is trading around lifetime resistance level. Weekly closing above 830-835 is Most important level for the stock to start fresh rally. Keep on your radar..this stock can give good return in future. CMP:777 (add some qty at CMP and then add more above 850 level) sl:620(wcb) Target:1150/1500/1800. Long term bet.
Bharat ForgeBharat Forge: C&H Pattern: Monthly Basis. Strong Price BreakOut. Good Resistance at 845.
Once Broken, Good Upside.
Domestic Defence Theme playing positively for Company.
And becoming one of leading suppliers to IDF.
Do Your Own Research as well.
Happy Investing:)
Bharat forg showing #breakout signs near all time high.Big Breakout level is 800.
Positional view will negate below 683. i.e. 15%
Long Bharat Forgeon daily charts, the chart is showing good momentum with volumes. ADX indicates strong uptrend and RSI is in U-shaped recovery indicating further strength . The stock is forming HH-LL above 20 SMA line and having strong resistance at around 790.
bharatforg analyses in monthlybharatforg stock was consolidation more than a year now seems like good movement we expect price closes above the resistance level you can keep your stop loss below the trend line
