BDL stock price is showing strength, consistently holding above its 20 & 50 EMA. Buying volume has outpaced selling, reflecting strong bullish sentiment.
The defense sector is gaining momentum, supported by geopolitical developments, particularly India-Pakistan cues, which have brought attention back to defense-related stocks.
BDL remains attractive above Rs 1,435. Existing holders can stay invested, while fresh buying is ideal on dips towards Rs 1,485 for a potential move towards Rs 1,600
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