#11,BHARATFORGE (Confluence Breakout)

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Reasons to BUY:

• Good Volume
  
• Formation of Inverted Head & Shoulders
  
• Price is heading towards the Resistance of Parallel Channel of Daily TimeFrame
  
• The chart looks attractive with the confluence point
  
• Relative Strength is above 60
  

Enter when the price breaks the confluence point.
Exit when the price breaks down the support trend line ( green Line)

Educational Purpose! Trade with proper risk management!

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تم حذف الأمر

Confluence Point did not break. Wait for the resistance trendline (Red Line) to break in case you want to enter into this stock.