BHARAT FORGE - Self Explanatory charts
If the stock has reversed , then any dips/correction in the stocks will be absorbed in the 280 - 310 zone.
Trade type : Positional
if Breaks out - above 400
if Corrects - in the range of 280-310
This view will be negated below 260 levels.
AS we can see BharatForg closed with Strong bullish candle and currently at trend line.
If cross 311 - we can see short term uptrend .... watchout market direction & trade accordingly.
Above 311, we can expect targets 320 + / 330+ / 340 +