BHARAT FORGE Share Tips, Technical Analysis Chart, Stock trading Graph - Stock moving up from strong support , Further strength expecting once stock closes above 738. (Updated On 04th August 2014, Monday).


  • BHARAT FORGE currently facing strong resistance around 738 its 161.8% fibonacci retracement, chart indicates once stock closes above 728 and stays above then Bharat Forge will favor bulls for next 1-2 trading days.
  • Daily chart also indicates stock is moving up from its previous top resistance which is now acting as a major support for Bharat forge. This kind of pull back is very important and most of the time it will favor bulls to strength the stock.
  • As shown in chart no 3 Bharat forge is moving up from its 20 days moving average support zone this too will favor bulls. As seen on the chart bharat forge took its 20 DMA support 5 times , as soon as stock tested its support it bounces back. close watch this time too stock bounces back, if stays above then can see further bull action. And if it breaks its 20 DMA support zone then bears will get active in this stock.
  • Click here to see all the trading reports (tips) published by us on BHARAT FORGE (as per technical analysis point of view).
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips