Mirae Asset recommends Trent and Bharat Forge stocks

timesofindia.indiatimes.com

Top stock recommendations for March 18, 2025, include Trent and Bharat Forge, according to Mirae Asset Sharekhan. Trent is recommended for purchase within the price range of Rs 5140 and Rs 5165. The target price for Trent is set at Rs 5350. The stock has shown strong performance, trading above its 20-day moving average and indicating positive momentum. For Trent, the recommended stop loss is Rs 5000. It has experienced a decline from its peak of Rs 7493 to a low of Rs 4715 and is expected to rebound to Rs 5350. Key support levels are at Rs 5000 and Rs 4960, while resistance is seen at Rs 5300 and Rs 5350. Bharat Forge is also suggested for buying, with a range between Rs 1065 and Rs 1085. The target price for this stock is set at Rs 1300. Bharat Forge has formed a positive pattern and is trading above its 20-hour moving average. The stop loss for Bharat Forge is recommended at Rs 1032. The stock has retraced from a peak of Rs 1084.50 to a low of Rs 1002 and is anticipated to recover towards Rs 1300. Key support levels here are Rs 1064 and Rs 1032, with resistance at Rs 1099 and Rs 1200. It is important to consult with a qualified investment advisor before making any financial decisions.


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