Bharat Forge Chart Analysis - Study For December Series (Analysis Rating-4.8*)

Bharat Forge Chart is looking for a breakout as the current price is Rs 508. Now it has completed its consolidation period whereas Rs 445 is a valuable support area as mentioned in the chart attached above. It should not break that support area.

Trend line follows up also shown on the chart which is a stronger sign of a breakout. Let see what happens.

Disclaimer: This Chart Study is based on the theory of technical analysis and personal observations. This does not claim for Profit & Loss. 
We are not responsible for any profit or losses made by traders and investors. It is only the outlook of the market with reference to its previous performance. 
All information is a point of view and is for educational and informational use only. All Judicial you are advised to take your position with your sense and judgment.

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