Bharath Forge possible confluence pointBharat Forge possible triangle breakout and great long opportunity to long at confluence point
BHARATFORG trade ideas
BHARAT FORGE Golden crossover plus bull flag formation .
Nice setup.
Targets mentioned
Personal views
DYOR
Not a financial advisor
Bharat Forg Bullish Reversal ....Bharat Forg Expected Target 460 & 490 ....ignore if close below 414..
BHARAT FORGEdownwards wedge... possibility of upmove if break out happens.
Currently took support at strong level. (A 2016-17 support resistance level)
RSI also showing divergence.
BHARAT FORGE - Intraday Trade Setup : 09 September 2019 Please consider watching the Intraday Levels in BHARAT FORGE for 09 September 2019
367 SAN (3 to 5 days). Is this diver signal realDisclaimer:
Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on Static ANalysis (SAN). Many times scenarios does not arise for good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) are required for your entries and exists Always run with SL. Wavozen1 aims to publish real-time entries and exits.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on SAN for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on Real-time Analysis (RT)/ Dynamic ANalysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. If there is a deviation in assumed scenario in time, speed and angle and these deviations will not encourages for entry as referred as entry not valid (ENV). Daily post appears on stocktwits.WavoZen. Abbreviations: PT1: Profit taking point 1; PT2 =profit taking point 2; SL: Stoploss point. ENT: Entry not Triggered; ENV: Entry not valid. Weekly Review : WR;
60. Passive analysis 470 to 464 build up area. with SL of 448. Tt1. 499
W2.... ending may be at 470 to 474...
For Education purpose only
36. Support at 450 and SL 448/445 cls. Support at 450 and 460. Depending on active price behavior near Support and one can look to build the position between 450 to 460 with Strict SL. (Short term of 4 to 5 weeks)
Bullish on Bharat ForgeSeems like it is forming a bullish divergence / swing rejection and is near its support zone. A good risk reward ratio can be seen. A big upmove possible.
Buy with 5 rs. Stoploss @482.
Target 516 .
Risk Reward (1: 5)
BHARATFORG | Flag BreakBHARATFORG has broken bearish flag. Entry can be taken anywhere between 507-515 with SL above 522 or 526 and expecting Target of 430-470.
BHARATFORGE INTRADAYstock if hold 550 then some jump in stock but if trade below this level then we can see 540-530 level in screen.
Turning bullish graduallyGradually getting bullish after prolonged bearish move. Support at 565, target 627
#BHARATFORG CASH : GOOD SELL BELOW 625 ONLY#BHARATFORG CASH
21 SEPT 2018
GOOD SELL ONLY BELOW 625
STOPLOSS 638
TGT 606-610/585
CMP 638
BHARATFORG Inverted Head & Shoulders Bharat Forge has formed inverted Head&Shoulders Pattern on Daily Charts. Go long if it closes above the necline for about 14% returns.
Bharat Forge - Buy set up.After a 3 wave ABC decline and nice impulse pattern is complete at (i) and small corrective decline in (ii) is noted, Buy the stock with SL of 605 and target of 699 and 757.
BharatForgeTrend is down. A technical correction may come by due to Positive Divergence. Bulls are trying to defend 603. So if this level is protected, a technical correction may take the price towards 635-41. Bears are not allowing price going beyond 652. But my feeling is that all rises will be sold since Death Cross (50 crossing 200 DMA) has happened.
