bharat forge looks bullish in medium term
Aggiornato
price is in uptrend channel in weekly time frame. and current trend is up,
So it can go to the channel resistance easily
sl - 1070 1st tgt - 1210 2nd tgt -1280
So it can go to the channel resistance easily
sl - 1070 1st tgt - 1210 2nd tgt -1280
Trade attivo
till now 1162.45Trade attivo
till now 1169.95Trade attivo
price is still moving in an ascending channel, one may trail the sl to 1100.Trade attivo
closed at 1180.20Trade attivo
1st target already done, till now 1240, price is moving towards the channel resistance, also in weekly, price closed above upper bb with good volume, and bb is expanding , sign of bullishness.
Trade chiuso: obiettivo raggiunto
after bonus of 1:1, 2nd tgt got recalculated to 640, today's closing price at 644, so the 2nd tgt achieved also. followup chart here. in.tradingview.com/x/BRuT3zIl/.
it has potential to go 660+
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