BHARATFORGE Consolidation after H&S Breakout
Bharatforge is consolidating after forming inverted H&S
RSI is also above 60, which indicates a bullishness
CPR has became narrow, indicating trend ahead
RSI is above 60 on weekly scale too.
There is support at 530-540 on weekly scale.
on weekly scale, it has formed a rounding bottom in the last 3 months
it has given breakout on weekly scale too, sustaining above 550 could take this to 686 levels.
RSI is also above 60, which indicates a bullishness
CPR has became narrow, indicating trend ahead
RSI is above 60 on weekly scale too.
There is support at 530-540 on weekly scale.
on weekly scale, it has formed a rounding bottom in the last 3 months
it has given breakout on weekly scale too, sustaining above 550 could take this to 686 levels.
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