chinmayjog

Bullish Falling Wedge pattern on Bharat Forge

Long
NSE:BHARATFORG   BHARAT FORGE
I am not a SEBI registered advisor and not advicing anyone to take trades based on below description. Please connect with your own advisor and then take trades.

Bullish signal by due to price crossing EMA 89 on daily chart. Also formation of falling wedge pattern indicates bullishness.
Will initiate buying between 715-745 levels with SL below 700 on daily closing basis. Target would be 845.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.