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ParamjitMahapatro

bharat forge looks bullish in medium term to long term

Pembelian
BHARAT FORGE (NSE:BHARATFORG)  
ParamjitMahapatro Diupdate   
NSE:BHARATFORG   BHARAT FORGE
Trend Analysis breakout breakouttrading Bullish Patterns uptrend
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trendanalysis breakout breakouttrading bullish uptrend
In weekly, price brokeout of horizontal resistance zone, and sustaining above it.

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

snapshot

with a sl - 527, 1st tgt - 800 long term tgt - 950
Trade aktif:
till now 727,
Trade aktif:
till now 738.85, moving up steadily
snapshot
Trade aktif:
it is still in uptrend.
snapshot

close below 670, will raise concern on the direction of the trend.
Trade aktif:
cmp - 762.80, in daily, price broke out of horizontal channel with good volume,
snapshot
looks bullish.
Trading ditutup secara manual:
in weekly, channel support broken looks bearish.
snapshot
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