Bharat Forge Stock have fallen more than 32 percent in 23 month. The Fundamental Reason that due to the recession in America, the company exports will have a bad effect. America truck order is 15 percent in the company sales. In the order of February, the decline of 58 percent has been reduced to 16,700 units, which is the lowest in the last two years. Experts say that in the next two or three quarters the pressure on the results will be seen.
Bharat Forge Expert view for Short Sell
@Bharat Forge Technical Chart is also Seen Down trend, Sold Bharat Forge stock Future for 3 to 5 month below 495 target 460 Stop Loss 515.