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Bharat Forge Ltd

Discussion in 'Technical Analysis' started by smuthukri, Mar 6, 2015.

  1. smuthukri

    smuthukri Active Member

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    is it buy @1290 with SL 1245 ?view please
     
    smuthukri, Mar 6, 2015
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  2. shabbir

    shabbir Administrator Staff Member

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    Yes and levels are spot on.
     
    shabbir, Mar 7, 2015
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  3. smuthukri

    smuthukri Active Member

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    Many thanks shabbir .

    I also need your help to understand Nifty PE .one of my friend suggest Nifty PE above 24 , if that is the case he was saying any time crash or major correction expected .can you please give your suggestion /view please .Still now nifty was just correcting 2 - 3% last one + year but rally will be mim 10-15% but we never had a major correction .
     
    smuthukri, Mar 8, 2015
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  4. smuthukri

    smuthukri Active Member

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    Also he was suggestion to move on to GOLD long in such case
     
    smuthukri, Mar 8, 2015
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  5. shabbir

    shabbir Administrator Staff Member

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    Yes I was expecting a market correction in lst Feb Mar time frame as well when Nifty was in the 6k region but then it did not. I am still expecting correction and it is sooner than later and if there isn't any correction, it will be a disaster soon.

    So either a timewise correction or pricewise correction is expected and that too as soon as possible.
     
    shabbir, Mar 9, 2015
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  6. smuthukri

    smuthukri Active Member

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    ok ,thank you
     
    smuthukri, Mar 9, 2015
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