BHARATFORG trade ideas
BHARAT FORGEHello and warm welcome to this analysis
On daily time frame it has activated a Bearish Harmonic Deep Crab indicating a retracement till 850-825 as long as it does not break above 895.
Good risk reward set up here.
A word of caution, results are due tomorrow. So manage your risk accordingly.
Bharat forge cup and holderBharat forge Chart is making a Cup and holder on weekly time frame. it already shows a breakout
Entry: near 847 to 860
Stop loss: 830
Target : 940
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. please consider it as a lerning
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Bharat Forge Ltd.Bharat Forge Ltd.
Bharat Forge Ltd. is forming a good pattern, there is a good accumulation happening at current levels.
Bharat Forge Ltd. is Inverse Head and Shoulders chart pattern breakout wait for entry about of confirmation candle.
This channel is for only educational purpose. Any Profit/loss, I am not responsible.
Sector: Producer Manufacturing
Industry: Metal Fabrication
Positional View on BHARATFORGMy positional view on #BHARATFORG NSE:BHARATFORG
on weekly chart BHARATFORGE has complete 60% correction, my view is to go long.
My entry point is 699, will wait for big target which would be 1st: 721 & 2nd would be 752
Will book loss if price goes below at 682
Note: This is my personal analysis, only for learning.