bharat forge looks bullish in medium term

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

Сделка активна:

till now 1162.45

Сделка активна:

till now 1169.95

Сделка активна:

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

Сделка активна:

closed at 1180.20

Сделка активна:

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.

Сделка закрыта: достигнута тейк-профит цена:

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.

it has potential to go 660+