bharat forge looks bullish in medium term

2017年7月18日

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

2017年8月3日

交易开始

till now 1162.45

2017年8月19日

交易开始

till now 1169.95

2017年8月25日

交易开始

price is still moving in an ascending channel, one may trail the sl to 1100.

2017年9月11日

交易开始

closed at 1180.20

2017年9月17日

交易开始

1st target already done, till now 1240, price is moving towards the channel resistance,

also in weekly, price closed above upper bb with good volume, and bb is expanding , sign of bullishness.

2017年10月9日

交易结束：到达目标

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+