Bharat Forge will continue to Rally with the Double Bottoms
Bharat Forge has formed a bullish double bottom pattern, indicating a potential trend reversal. The recent breakout above the key level confirms the bullish sentiment. This breakout suggests that the price may experience a significant upward movement, potentially resulting in a gain of around 10-11%. It is important to monitor the price action and look for further bullish signals to confirm the continuation of the rally.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.