Market insights
Bharat Forge Short Term ReversalThe stock has reached lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below multiple support zones & lower trendline. The target is placed near upper trendline and swing high.
Note: Earnings will be disclosed during the trade duration and may affect the trade. If results are not up to expectations or the trendline and 200 EMA are broken after results, it may be a better option to exit.
BharatForge-LongBharatForge CMP - 789 *Positional Trade Setup* Looking bullish in higher time frame. One can go Long with mentioned key levels in chart.
If you like this idea and this Analysis just please like this idea and leave a comment.
Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly.
This analysis is purely for EDUCATIONAL purpose
[Positional] Bharat Forge Long & Short BetBuy if breaks above : based on bullish Flag theory
Sell if breaks below : Based on mean reversion theory
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , Trade Setup based on option Decay !
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
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BHARATFORG LONG INTRADAY 25 JUN,2021Dear trader,
If u look at the chart of BHARATFORG (analysis based intraday only) the BHARATFORG Buy at 735 and
Target at 750
Best Buy at 732
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
BHARATFORG LONG INTRADAY 27 MAY,2021Dear trader,
If u look at the chart of BHARATFORG (analysis based intraday only) the BHARATFORG Buy at 665 and
Target at 680.
Best Buy at 660.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
BharatForg to retrace till 200 EMA on 15 min timeframeOn 15 min time Frame
Broke the trendline zone as shown
Price is below previous resistance zone
Lower low formation.
Good chances of price taking dynamic support near 200 EMA (15 min time frame)
On higher timeframes Bharatforg is still a buy.
This is just for educational purpose.






















