Wednesday, 2 March 2016

Bharat Forge in Falling Wedge - What Next ?

                                                 
                                                                        Daily Chart

Bharat forge after a sustained decline has been consolidating near 740 levels which is a strong base
The stock has been forming an ending diagonal / falling wedge pattern
The pattern breakout could yield to swift move towards 865 - 880 and 953 levels

Timing the Entry, Exit and Managing the Risk is Important to capitalize on swing trends .....




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