Bharath Forge-Swing Trade-Inside Bar- Will trend continues???
Updated
BHARATFORG 09.08.2023
Buy 1647
Target 1803
StopLoss 1494
1. Inside bar breakout
2. Stock was in good uptrend. Now consolidation is happening
3. Double bottom formation & 0.382 Fibonacci level rejection at same zone
4. Price has crossed 21 EMA & above 50 EMA
5. Volumes are good
6. Stock bounced from 35 RSI
7. Auto sector bounced back strongly
Trade active
Again inside bar breakout after some some kind of consolidation. Wait might be over to begin the rally now!!Trade active
Testing time!!
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