2025-10-24 11:04:53 am | Source: Religare Broking Ltd
Stock of the day : Bharat Forge Ltd by Target Rs. 1375 - Religare Broking Ltd
Bharat Forge Ltd.
Buy Bharat Forge Ltd CMP 1300.10 Range 1290-1300 SL 1255 Target 1375
* BHARATFORG demonstrates robust bullish momentum, with price action breaching its previous swing high accompanied by increasing volume.
* The stock is trading above key exponential moving averages (50, 100, and 200 EMA), reflecting sustained underlying strength.
* The sequential higher lows, combined with the recent sharp upward move, indicate persistent buying interest and confirm bullish sentiment.
* Market participants may consider accumulating positions within the identified range to capitalize on ongoing strength.
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