2026-06-16 10:09:31 am | Source: Religare Broking Ltd
Stock of the day : Bharat Forge Ltd by Target Rs. 2170 - Religare Broking Ltd
Bharat Forge Ltd
Buy Bharat Forge Ltd CMP (Rs) 2020.50 Range* 2016-2022 SL Target 1940 2170
* BHARATFORG maintains a robust bullish trend, supported by a well-defined sequence of higher highs and higher lows.
* The stock continues to trade above its key moving average, reflecting sustained positive momentum and strong institutional participation.
* Recent price action confirms a breakout above the prior swing high following a consolidation phase, accompanied by improving volumes.
* Investors may consider buying the stock within the mentioned range.
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ00017433
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Centre hikes windfall tax on diesel, ATF exports
Seoul stocks trade higher on US-Iran deal optimism
Daily Technical Report 16th June 2026 by Axis Securi...
New government initiative to boost multilingual acce...
Through 'BRIDGE', Kerala Startup Mission targets 500...
Key Highlights: Stocks in News, Economic & Global Up...
MCX Silver July is expected to rise towards Rs 255,0...
Foreign individuals can now invest directly in liste...
Stock Picks : Bharti Airtel Ltd, Titan Company Ltd, ...
Nifty opened with an upward gap but witnessed sellin...
.jpg)
