Tata Steel Limited
Though we have witnessed a bounce recently in TATASTEEL after re-testing its price support level, but its short-term trend is still weak. At present, it is hovering in a range near its resistance zone of moving averages and likely to witness further correction. We advise traders to initiate fresh short positions through put option as the given levels.
Buy 660 PE Tata Steel Ltd @ 8-10 Stoploss 5 Target 20 CMP 11.30
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