Stock of the day : Buy Bharat forge Ltd For Target Rs. 880 - Religare Broking
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Bharat forge Ltd
* Bharatforge has been consolidating in a range, after the marginal dip from its record high.
* It retested the support zone around 750 levels twice and then inched higher to reclaim the major moving averages.
* Formed a fresh buying pivot, after two weeks of range bound move.
* We thus advise creating fresh longs in the mentioned zone.
Buy Bharatforge Ltd CMP 836.80; Range 833-838; SL 815; Target 880
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