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2026-04-09 11:08:15 am | Source: Religare Broking Ltd
Stock of the day : Bharat Forge Ltd by Target Rs. 1900 - Religare Broking Ltd
Stock of the day : Bharat Forge Ltd  by Target Rs. 1900 - Religare Broking Ltd

Bharat Forge Ltd

* BHARATFORG displays a constructive bullish structure, with price sustaining above key moving averages and gradually regaining upward momentum following a corrective phase.

* The recent consolidation has formed a higher base, with a breakout above a declining trendline signaling accumulation at lower levels.

* Price action reflects resilience through consistent dip buying, supported by improving volume dynamics, indicating sustained demand.

* Market participants may consider initiating long positions within the prevailing range.

Buy Bharat Forge Ltd CMP 1781.40 Range 1776-1782 SL 1720 Target 1900

 

 

 

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