BHARATFORG trade ideas
BHARAT FORGE falling wedge breakout !!!On 2 hour time frame there is a breakout of falling wedge pattern in BHARAT FORGE !!!
There are chances of two scenarios or cases that are discussed on chart.
Swing entries can be made in BHARAT FORGE.
For entries , SL , targets watch the chart.
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#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalBHARAT FORGE
On daily chart,stock given a trendline breakout and sustain above 100/200 DMA
Stock after BO now trading at resistance zone
Buy above 733.5 levels
for positional targets of 750/775 levels in mid term
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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BHARAT FORGE LOOKING GOOD FOR AN UPMOVE (1000th Idea on TV)Bharat Forge gave a trendline breakout yesterday and today it has retested and given a strong closing above it.
Also it has given two bullish closings above 100 and 200 EMA.
Buy above 733.2 level for both intraday and swing.
Intraday targets 737 and 741.
Swing targets 755 and 782.
Swing trade should be taken on day closing basis and intraday trade on 5 minute candle closing.
Learn & Earn,
Dr. Tanya Kumar