BHARATFORG trade ideas
Bharat Forg - Intraday / Swing Trade Setup Bharat Forg CMP - 551.95
Looking bullish in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Buy at or Above 553 / Stop Loss - 546
Target 1 - 557
Target 2 - 562
Target 3 - 568
Swing Targets - 580 / Stop Loss 538
Disclaimer: This is my view and for educational purpose only.
Bharat Forge CMP 551Stock has shown good movement after good consolidation for more than 3 months. It is showing strength in price action and volume is also good compare to avg volume.
From this level the short term target is 20-25% in 3 months. Stop loss 500
Bharat ForgeIt looks very good on weekly,daily TF's
if we close weekly above 540 i expect a very good run in coming days.
very good R:R trade.
Bharat Forge - Inverse Head n Shoulders ?Bharat forge seems to be forming i HnS. A good winter ahead for this Class 8 guys.
DISC: Not a SEBI Registered. I post charts for my own study.
Long - BHARATFORG (Inverted Head and Shoulder)Hello Mitro,
BHARATFORG one of the Derivative stocks is making a very attractive price pattern (Inverted Head and Shoulder)
Check out the chart and your fingures will fill tickles to take a trade. But wait for it to break 530 level
LONG
========
BUY Above 530
STOP LOSS = 425
TARGET = 785
Bharat Forg - Intraday Trade SetupBharat Forg CMP - 510
Looking bullish in higher time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Sell at or Below ONLY 512 / Stop Loss 505
Target 1 - 517
Target 2 - 523
Target 3 – 528
Disclaimer: This is my view and for educational purpose only.
Bharat Forg - Intraday Trade SetupBharat Forg CMP - 499.75
Looking bearish in higher time frame. One can go for quick scalping trade setup with the following entry, exit & targets
Sell at or Below ONLY 495 / Stop Loss 501
Target 1 - 490
Target 2 - 485
Target 3 – 480
Disclaimer: This is my view and for educational purpose only.
Bharatforge can give breakout out from longer time frame AtriangBharatforge can give breakout out from longer time frame Atriang
Bharatforg - Bearish Wolfe WaveBharatforg has bearish wolfe on 15 mins TF and resistance at 475.30, there are few hurdles in between but as wolfe wolfe pattern will resolve it ;)
Target on chart
BharatForg is starting its bigger bull runI my opinion Bharat Forg had started its (i) of 3 and on the basis of equality possible target area will be around 742.
My opinions are purely for educational purposes. I am not a SEBI Authorized financial advisor. For any Financial advice please contact your financial advisor.
Bharat Forge - Bullish Popgun Pattern near strong S&D AreaVolume Price Analysis
Below are the findings on the basis of Volume Price Analysis on NSE:BHARATFORG
Stock is clearly on pullback structure formation till it breaks the low of WRC "A" with at-least average volume.
Once the low of WRC "A" is broken down, stock will also out form the ascending parallel channel . And it may be either for excess trade or real-broke-down.
Volumes are the important pillars to give a clear hint of price activity. So, we will keep close monitoring on it in coming time.
For Smaller Opportunities (Day Trading Setup)
Considering the Bullish Popgun Pattern on Daily Time fame chart, we may plan for a setup: -
Entry - 462.5 above if price get sustained
Resistance(S&D area) is around 472
Next Strongest Resistance(S&D area) is around 487-490.
Note:
Whenever you study, do it with all angles, open-minded and unbiased; And considering this thought, we should also have view of: -
Sometimes near or at Strong S&D area direction movement get halted, paused and even throw-back. Considering this, one need to be very cautions on it as it may or mayn't be that throw-back!
All this information is just for knowledge purposes and not for trade.
Bharat Forg - Intraday Trade SetupBharatforg CMP - 461.15
Looking bullish. One can go for Intraday trade Setup with the following entry, exit & targets
Buy Only above 462.50 - 463.50 / Stop Loss 455
Target 1 - 467
Target 2 - 470
Target 3 – 475 / 478
Note: This is my view and for educational purpose only
Bharatforg - Intraday Setup - ShortBharatforg - Intraday Setup
CMP - 449.35
Looking bearish and can go for intraday with the following entry, exit & targets
Sell range 453 - 448 / Stop Loss 460
Target 1 - 440
Target 2 - 435
Target 3 - 430
Note: This is my view and for educational purpose only
BHARATFORG Daily Bearish BAT Strong POTENTIAL REVERSAL ZONE
Ultra high volume up bars - trap of Smart Money . Professionals are selling into the public buying – Higher volume
Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY IF Price breaks ULTRA HIGH VOLUME Candle LOW with LOW VOLUMES & with NO DEMAND l.e place for short
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL
Bharat forgeKeep Eyes on connector. Put alerts for short side. But tracking a stock after connector is not bad. Bus long side pe alert bit big lga k rkho.
