ParamjitMahapatro

bharat forge looks bullish in medium term to long term

Long
NSE:BHARATFORG   BHARAT FORGE
In weekly, price brokeout of horizontal resistance zone, and sustaining above it.

also price is sustaining above 20 ma and BB is in uptrend.


with a sl - 527, 1st tgt - 800 long term tgt - 950
Trade active:
till now 727,
Trade active:
till now 738.85, moving up steadily
Trade active:
it is still in uptrend.
close below 670, will raise concern on the direction of the trend.
Trade active:
cmp - 762.80, in daily, price broke out of horizontal channel with good volume, looks bullish.
Trade closed manually:
in weekly, channel support broken looks bearish.
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