BDL inventory value is displaying energy, persistently holding above its 20 & 50 EMA. Shopping for quantity has outpaced promoting, reflecting sturdy bullish sentiment.
The protection sector is gaining momentum, supported by geopolitical developments, significantly India-Pakistan cues, which have introduced consideration again to defense-related shares.
BDL stays enticing above Rs 1,435. Current holders can keep invested, whereas recent shopping for is good on dips in the direction of Rs 1,485 for a possible transfer in the direction of Rs 1,600
(Disclaimer: Suggestions, ideas, views, and opinions given by consultants are their very own. These don’t characterize the views of the Financial Instances)