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Published on 11/09/2019 9:19:39 AM | Source: Religare Securities Ltd

Buy Bharat Forge Ltd For Target Rs.420 - Religare Securities

Posted in Broking Firm Views - Short Term Report| #Bharat Forge Ltd #Trading Report #Religare Securities Ltd

Bharat Forge Limited (BHARATFORG) 

BHARATFORG has retraced considerably from its record high and retested the crucial support zone up trending line on quarterly charts around 380 levels. Indications are in the favor of strong rebound in near future thus traders can accumulate fresh longs in the given range.

Recommendation

Buy Bharat Forge Limited @ 395-398 Stoploss 387 Target 420 CMP 400.30

 

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