Views on Bharat Forge..

Bharat Forge is near it's 52 wk low(396-254).. CMP - 277.
PE - 24,EPS - 11.4.

Any views appreciated for the next 6 month horizon (Has got a huge debt)

Huge Debt......Did you invest borrowed money in the market ?

Ohh no ...I said the company has huge debt ..not me

A 'Hanging Man' as per Candle Stick, plz enlighten me ( a lot of 1000 & 16 % margin) in which direction i can earn few K's ,with a SL.

Though the thread is for Bharat Forge ,still i am attaching a 15 mins Chart of HTMTGLOBAL Fut for comparison of another 'Hanging Man' like Bharat Forge Fut but this one also has another feature of candle stick ; 'Falling Window' ,plz tell me in which direction i should trade.

accumulation going on.....pattern has chance to reach 295 anyday.
........
note. i have position >[email protected] also adding now
plan to liquidate approx.....@295......@ 307
















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Hi,

If we consider the stock to be in bearish phase then this should be hammer and not hanging man.
However as Advances and declins over last full weak had not been good as such sentments may not support up move
Rajeev

dear rajeev,
oppurtunity knocks to him .....proactive ....can see not seen by MAJORITY.
just see bottom retracement.......del.% in nse...........shift now to hrly chart
..............yes u can SEE .
Alternately....shift to weekly mode......bottom out ....occurs.
........i think no further hint is necessary[u r good ta learner]

Hi
Thanks for encouragement.
Rajeev

Bharat Forge Fut (+) 1.62 %