Another breakout in Bharat Forge.
There is another breakout in Bharat Forge and I think the upside rally will continue. I have explained in detail the technical analysis of the daily and hourly chart.
The stronger neckline was already broken on the 8th of May but then there was a retracement which was broken on 27th May, i.e. last Friday.
I have made a long position in futures for a target of around 1650.
My strict SL is at 1530.
The stronger neckline was already broken on the 8th of May but then there was a retracement which was broken on 27th May, i.e. last Friday.
I have made a long position in futures for a target of around 1650.
My strict SL is at 1530.
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