Buy Bharat Forge 1300 Call: Rahul Shah

Rahul Shah of Motilal Oswal Securities told CNBC-TV18, "Bharat Forge has been one of the good performers and is showing strength technically. So, I would buy 1300 Call at current market price with a stop loss of Rs 20 and target of Rs 50."

At 14:09 hrs Bharat Forge was quoting at Rs 1,310, up Rs 22.75, or 1.77 percent. It has touched an intraday high of Rs 1,316 and an intraday low of Rs 1,262.80.

Disclosure: Analyst has recommended the stock to clients and does not have any positions.