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AKANSHA JAIN

28th Apr · SEBI-Registered Analyst

IDEAFORGE

IdeaForge Technology is gaining traction as the drone and defense technology theme continues to remain in focus, supported by increasing government spending on surveillance and indigenous manufacturing. What’s the Trigger? Rising demand for defense and surveillance drones in India Strong order pipeline visibility from government and institutional clients Continued momentum in the defense & aerospace sector theme Technical Snapshot Trend: Recovery with improving momentum Support: ₹640 Resistance: ₹690 Volume: Gradual pickup seen in recent sessions Trading Strategy (Short Term) Buy on dips near: ₹650–₹660 Target: ₹710 Stop Loss: ₹620 Time Horizon: 2–3 weeks

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