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Francise_Varghese
Aug 24, 2020 4:47 PM

Bharatforg intraday bullish seen above 503 Long

BHARAT FORGENSE

Description

According to my study this stock shows a bullish momentum above the marked 503 levels.
Reason 1 : trend of the stock
2: Ema lines movements(relative) and its direction
3: technical indicator supports along with narrow cpr
4:trend line resistance breaking probability( pink line on chart)
5: delivery buying probabilities at current levels.
As a sum ...if market support it can go abv 503 levels . if so you can consider this for your watchlist.
THIS IS STRICTLY FOR EDUCATIONAL PURPOSE & NOT A RECOMENDATION.
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Trade closed: target reached

target reached on aug 24 itself
Comments
boamogh
I bought at Sep Future at 506, what shall I do now since the current cmp is 499 :(. Please suggest
Francise_Varghese
503 to.............513.75...power of my analysis. Hope you guys made a good decision .
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