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Published on 11/07/2020 10:21:28 AM | Source: Religare Broking Ltd

Buy Bharat Forge Ltd For Target Rs.20 - Religare Broking

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

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Derivatives Idea -BHARATFORG FUT

added 9% in open interest addition as short buildup was seen in it in previous session. Current chart pattern also indicates further down move in its price. We suggest buying BHARATFORG 350 PE as per below levels .

Strategy:- BUY BHARATFORG 350 PE BETWEEN 9-10, STOPLOSS AT 5, TARGET 20.

 

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