Stock of the day : Buy Bharat Forge Ltd For Target Rs. 910 - Religare Broking Ltd
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Bharat Forge Ltd
* Bharat Frog has been inching gradually higher after breakout from a Double bottom price pattern.
* Formed a fresh buying pivot while holding above the support zone of short term moving average and rising trendline support.
* Set to cross the previous swing high and inch higher. Uptick in volumes is adding to confirmation.
* We thus recommend creating fresh longs in the mentioned zone.
Buy Bharatforge Ltd CMP 868.00; Range 865-868; SL 848; Target 910
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