Bharat Forge analysis.

How NIFTY AUTO stocks performing for the past few days, we all saw that. Now the industrial manufacturing division also ready to give a good +ve move.

Reasons for going long in Bharat Forge->

1. Give a breakout from descending triangle.
2. Retest after breakout.
3. Also takes support from golden zone i.e 0.5-0.6 fib zone.