The short-term outlook is bullish for Sona BLW Precision Forgings. The stock has risen over 2 per cent on Monday when the broader markets were down.

Indeed, the stock has surged about 9 per cent in the last two trading days. This rise has taken the share price well above a key resistance at ₹540.

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This level of ₹540 will now be a good resistance-turned-support. Sona BLW Precision Forgings share price can rise to ₹600-605 in the coming weeks.

Traders can go long now at ₹569. Accumulate on dips at ₹548. Keep the stop-loss at ₹538 initially. Trail the stop-loss up to ₹575 as soon as the stock goes up to ₹581.

Revise the stop-loss higher to ₹582 and ₹590 when the share price touches ₹588 and ₹594 respectively. Exit the long positions at ₹600.

(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)

Published on April 15, 2026