Technical Trading Idea : Bharat Forge Ltd For Target Rs. 997 By Motilal Oswal Wealth Management

2025-03-11 11:16:28 am | Source: Motilal Oswal Wealth Management Ltd

Technical Trading Idea : Bharat Forge Ltd For Target Rs. 997 By Motilal Oswal Wealth Management

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Sell Bharat Forge Ltd CMP : 1069 SL 1103 Target 3050 Duration : 2-3 Days

• Stock is in overall down trend and forming lower top-lower bottom formation on daily scale. It has took hurdle at 38.2% retracement of previous up move and formed a bearish candle. Momentum indicator RSI is showing weakness which may support the ongoing down move.

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Technical Trading Idea : Bharat Forge Ltd For Target Rs. 997 By Motilal Oswal Wealth Management

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