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Can these 7 defence stocks double your money in a year? Check strategy here

Business Standard LogoBusiness Standard6h ago

Can these 7 defence stocks double your money in a year? Check strategy here - Business Standard

Quick Summary:

BEL, BDL, Mazagon Dock, HAL, Solar Inds, Astra Micro and Data Patterns seem favourably placed on the charts, and may gain up to 38%; here are key support, resistance levels for these 7 defence stocks.

On the upside, the stock can soar to ₹ 4,200 levels; with interim resistance likely around ₹ 3,215, ₹ 3,450 and ₹ 3,770 levels.

The bias at the counter is likely to remain positive as long as the stock holds above its 200-DMA, which stands at ₹ 782; below which key support exists at ₹ 750 levels.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 12:33:50 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1003 words

Reading Time: 6 minutes read

Sentences: 30 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28432039

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 263 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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