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Bharatforge : Waiting for a SELL signal on flip-resistance level

BHARATFORGE (Daily Chart) :

After a break of key support level-810, price is now retesting the same layer as flip resistance & we're waiting for a price action sell signal on current level using 5 & 15-min charts to trade in-line with the overall bearish strength.715 level is seen as next level of support which will be used as target support area once we initiate a sell trade on current level.

SUMMARY : READ price momentum context – RECOGNIZE the pattern going on – TRADE the pattern till it ends and to learn it all join me in my ADVANCE TRADING COURSE & trade with me real-time using higher & lower timeframe charts.

PLS NOTE : All chart analysis posted here are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone.

15.12.2015

15-min chart analysis for ENTRY : ( For MEMBERS )

1 responses on "Bharatforge : Waiting for a SELL signal on flip-resistance level"

  1. asma at

    very nice analysis sir

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