Buy Bharat Forge, target Rs 1250-1270: Sahil Kapoor

Sahil Kapoor of Edelweiss Financial Services told CNBC-TV18, "Bharat Forge has been a marked outperformer, it has not corrected significantly with the market and generally we go with stocks which are outperforming the market. This is a stock in which we have long-term comfort as well. So I think at current level, the long-term and medium-term charts are significantly oversold and you could see a rebound as well which has happened today and yesterday.""You can purchase Bharat Forge and expect a target of Rs 1,250-1,270 over the period of next few weeks," he said.