| Stock Pick | Observation | |
| Company | Bharat Forge Limited | The stock has formed a large bearish candlestick backed by an uptick in volumes on the weekly chart. It has also given a breakdown below its 200-day EMA. Derivative data indicates fresh short formation in the stock.  |
| Recommendation | ||
| Buy or Sell | Sell (Dec Futures) | |
| Range | Rs506-511 | |
| Target | Rs485 | |
| Stop Loss | Rs524 | |
| Duration | 1-week | |
| 200 D-EMA | Rs626 | |
| NSE Code | BHARATFORG STOCK MARKET TIPS | |
Monday, 10 December 2018
Stock Recommendations for December 10 to December 14, 2018
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