BHARAT FORGE LTD
Updated

inverted head and shoulder anticipation

88
breakout above 525 on weekly basis
sl 416
target 839
accumulate till 462
be conservative its anticipation till breakout occurs
on weekly basis
make volatility friend
Note
remain intact with sl its big breakout volatility will be there
trade only with emotional free money then only we can ride the trend
Note
see today inspite of big gapdown the buying was strong...these are small indication of strong pattern that remain in stock
be invested with emotion free money
Note
snapshot
Note
book part profit as due to budget volatility can be there
being aggressive keep belowsl 555 weekly close
and conservative weekly close below 492
as volatility can even break 200wma which is 523and then stock bounce back.
stay invested with emotion free money
Trade closed: target reached
trade closed as target reaches and touch 832
can remain in trade as trend up pattern target achived

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