Bharat Forge: Bullish Breakout

Buy at CMP of Rs.387 with stoploss at 370.
The first target, the channel break of 382 was seen with high volumes.
This is a bullish indication
Also the MACD signals the crossover.
In 5-6 trading sessions, an upside upto Rs. 405 should be witnessed.
Progressive stoplosses are recommended after that.