Buy Bharat Forge, says Sukhani
Published on Friday, November 6th, 2009 at 5:59 PMAuthor: stockalert (2026 Articles)
Buy Bharat Forge, says Technical Analyst, Sudarshan Sukhani.
“Bharat Forge has been a stock that’s slight out of limelight but Bharat Forge and with a disclosure that I have positions in it, seems to be telling us that its not correcting as much as the broad market and its probably ripe. On Wednesday when the market was up, it was up dramatically. Yesterday it consolidated. So today it should resume its upmove. So it is a buying opportunity for the day trader, Rs 261 is a stoploss, Rs 275 or so is the target. I think if it continues it’s also a positional buy.”
Source : MoneyControl
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