BHARATFORGE Make or Break????Hello to everyone
Bharatforge trading at support level OF 830---810. If price respects the support level than we can price moves towards upside and if price breaks the support level than we can see the price moves towards downside in coming days.
#BHARATFORGE📊
👉🏻 Stock at support
👉🏻Support 810 (Make or break) Level
👉🏻Keep an eye
👉🏻Bounce possible if respect 810
Bharatforge
#BHARATFORG Bullish Momentum View!!!!!The Price perfectly respecting the change in polarity level. Weekly & Daily chart showing good momentum.Price breakout the resistance level and after breakout price persisting itself near CIP level & stucked itself in tight range and holds itself near higher levels.Expecting good breakout in coming days.Good opportunity to take long position after breakout of range. After breakout of level 920-- 925 we can see good price moment towards upside.
**PRINCIPLE OF CIP** :- Principle of Change in Polarity. According to this principle, whenever support is broken, its role is reversed and it begins to act as new resistance. Similarly, when any resistance is broken, it changes its role and tends to act as the new support level for the price.
Bharat Forge Learning TrendThis trend i have given for new traders so that they can identify movement of the stock .
now for this on 1D chart it was in downtrend but when you go for 15min chart for trading it was bullish .
so your pattern will allow you how we decide our trading or investment.
Currently Resistance = 797
if buy = 795 is there then target will be 800++
*** For any Learning Ping me
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.
BHARAT FORGE Bullish or Bearish ???Updated chart with levels
1. 1 Month: Delivery volume fell by -52.37%
1 Day: Delivery volume fell by -20.42% over 5 day average
Current price is more than the intrinsic value
3 year CAGR growth
Revenue -8.5%
NetProfit %
OperatingProfit -20.6%
F&O data suggests Short Covering today
Mutual Funds have increased holdings from 10.92% to 12.21% in Sep 2021 qtr.
FII / FPI have decreased holdings from 25.3% to 25.1% in Sep 2021 qtr
View Negated if it doesnot form tripple top
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Like If you agree
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BHARAT FORGE Bullish or Bearish ???1. 1 Month: Delivery volume fell by -52.37%
1 Day: Delivery volume fell by -20.42% over 5 day average
Current price is more than the intrinsic value
3 year CAGR growth
Revenue -8.5%
NetProfit %
OperatingProfit -20.6%
F&O data suggests Short Covering today
Mutual Funds have increased holdings from 10.92% to 12.21% in Sep 2021 qtr.
FII/FPI have decreased holdings from 25.3% to 25.1% in Sep 2021 qtr
View Negated if it doesnot form tripple top
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Like If you agree
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Bharat Forge Short Term ReversalThe stock has reached lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below multiple support zones & lower trendline. The target is placed near upper trendline and swing high.
Note: Earnings will be disclosed during the trade duration and may affect the trade. If results are not up to expectations or the trendline and 200 EMA are broken after results, it may be a better option to exit.
BHARATFORG LONG INTRADAY 25 JUN,2021Dear trader,
If u look at the chart of BHARATFORG (analysis based intraday only) the BHARATFORG Buy at 735 and
Target at 750
Best Buy at 732
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
BHARATFORG LONG INTRADAY 27 MAY,2021Dear trader,
If u look at the chart of BHARATFORG (analysis based intraday only) the BHARATFORG Buy at 665 and
Target at 680.
Best Buy at 660.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.






















