future trading on Bharat Forge (Either buy or sell)

Bharat forge

hello, guys, this is shubham welcome to my other blog in this blog i tell suggest you to either buy or sell Bharat forge share i ganna show you some technical chart

you can see this is a monthly chart in this chart you will able to see a long time ascending channel

this is a weekly chart of the Bharat forge in this chart you can see that the short time ascending and

and finally, this is the forecasted chart of the Bharat forge and there is very high probability that it eill go short for as I am a price action trader I always watch the price reaction so make sure if you have to go short, initiate your future trade when it will sustain below the 470-465 and make stop loss of 485 and wait target will be 420

this is a technical indicator of the Bharat forge which is also showing short position so I am strongly in the t side but but but,,,,,,

there is one more possibility that it can also g long

here as you know this is a short time ascending channel and so from the last three times it had gone long so there is one more possibility to go long-form here so make sure initiate your long position when it sustains it the level of 495-515 if it sustains al=tleast to 3 days in their level so long for the target of the 578 must apply stop-loss 487

so there is a chance to go either long or short but there is more possibility that it will go short

there is a little disclaimer that this is my view on the Bharat forge must do your study before taking a long or short position

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Happy trading

Comments

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