Bharat Forge - 10% correction indicates further selling pressure

$BHARATFORG is experiencing a sharp sell-off following a Q1FY27 profit miss and cautious management outlook, impacting its valuation from its ₹2,295 peak. Technically, the hourly chart displays a heavy bearish continuation breakdown below key channels, confirming strong downward momentum. Overhead resistance is anchored around the ₹2,100–₹2,145 zone, while immediate downside support rests near the ₹2,030–₹2,050 level.