Stock of the day : Sona Blw Precision Forgings Ltd by Target Rs. 580 - Religare Broking Ltd
Sona Blw Precision Forgings Ltd
* SONACOMS is exhibiting a strengthening bullish technical structure, with prices reclaiming key moving averages, signaling a transition to a renewed uptrend.
* The formation of higher highs and higher lows, coupled with a recent breakout supported by expanding volumes, points to increased institutional participation.
* Overall price action favors trend continuation, with intermediate pullbacks expected to attract fresh buying interest.
* Long positions may be considered within the identified price zone.
Buy Sona Blw Precision Forgings Ltd CMP 542 Range 540-542 SL 405 Target 522
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SEBI Registration number is INZ00017433
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