SBI Expert Sudeep Shah's Top Stock Picks: APL Apollo, Bharat Forge Set for Rally

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Moneycontrol•22-12-2025, 09:48
SBI Expert Sudeep Shah's Top Stock Picks: APL Apollo, Bharat Forge Set for Rally
- •Sudeep Shah of SBI Securities recommends APL Apollo Tubes and Bharat Forge as top picks for strong gains this week.
- •APL Apollo Tubes shows bullish signals with a broken trendline, upward moving averages, and strong RSI/MACD. Target: Rs 1,950, Stop Loss: Rs 1,740.
- •Bharat Forge found support at Fibonacci retracement, broke a falling trendline with volume, and has a rising RSI. Target: Rs 1,550, Stop Loss: Rs 1,380.
- •Vodafone Idea, KEI Industries, and JK Tyre also show strong bullish technical structures.
- •Tata Elxsi is bullish with a channel breakout, while Tata Motors Passenger Vehicles remains technically weak.
Why It Matters: Sudeep Shah recommends APL Apollo Tubes, Bharat Forge, Vodafone Idea, KEI Industries, JK Tyre, and Tata Elxsi for potential gains.
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