bharat forge looks bullish in medium term

Güncellendi
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
İşlem aktif
till now 1162.45
İşlem aktif
till now 1169.95
İşlem aktif
price is still moving in an ascending channel, one may trail the sl to 1100.
İşlem aktif
closed at 1180.20
İşlem aktif
1st target already done, till now 1240, price is moving towards the channel resistance, anlık görüntü

also in weekly, price closed above upper bb with good volume, and bb is expanding , sign of bullishness. anlık görüntü
İşlem kapandı: hedefe ulaştı
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+
Ascending ChannelbharatforgeBullish PatternsTrend Analysisuptrend

Feragatname