Buy Bharat Forge, BEL and Navneet Publications: Sandeep Wagle

The short term bottom in the Nifty or the markets has been made. So keeping this in mind, one has to go with the short term momentum.

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com

You have a buy call today, so you are obviously bullish for the short term but what are targets on Bharat Forge, BEL and Navneet Publications?

The short term bottom in the Nifty or the markets has been made. So keeping this in mind, one has to go with the short term momentum. These are all short term buy calls. We have a buy in Bharat Forge with a stop loss of 247.30 and a target of 272, looking at possibly 5-6% on the upside. We have a buy in Bharat Electronics, BEL with a stop loss of 2027 and a target of 2165 and we have a buy on Navneet Publication. We are looking at playing for around 10-12% with a stop loss of 47.50 and a target of 58.
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