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Pradeep Carpenter

10th Apr · SEBI-Registered Analyst

BHARATFORG
: Trend Intact, Focus on Higher Low Formation

Bharat Forge is telling a very clean story on the chart — the trend is still bullish, but you need to read structure, not just candles. After a strong rally, the stock formed a Higher High near the 1900–1930 zone. The recent decline is not weakness — it’s a healthy pullback, where smart money usually builds positions. Now comes the important part 👇 Price is currently hovering around the 1700 zone, which is acting as a potential Higher Low (HL). If this level holds and buyers step in, the structure remains intact: 👉 Higher Low → Next Higher High How to Read This Structure Previous swing: ~1600 → ~1930 Current pullback: ~1700 (HL zone) If this Higher Low sustains, the next move is straightforward: 👉 Continuation towards 2000+ zone What Smart Money Does They don’t chase breakouts They accumulate near Higher Lows Retail buys at the top, smart money buys the dip When This View Fails Only one condition: ⚠ Break below 1600 = structure breakdown Once that happens, the HH–HL trend is no longer valid. Final Insight Markets move in structure, not randomness: 👉 Trend = HH–HL 👉 Entry = Higher Low 👉 Target = Next Higher High “Once you understand structure, you stop guessing and start reading price.”

#TechnicalViews#TrendingSectors#SectorBreakouts#Today’sTradingSetup#StockInNews
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