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Published on 4/10/2019 9:51:05 AM | Source: Religare Securities Ltd

Sell Tata Steel Ltd For The Target Rs.332 - Religare Securities

Posted in Broking Firm Views - Short Term Report| #Metals Sector #Tata Steel Ltd #Trading Report #Religare Securities Ltd

Tata Steel Limited (TATASTEEL)

Mostly metal counters are reeling under pressure and TATASTEEL is no different. After its failed attempt to surpass the resistance zone around 380, it is again drifting lower. Indications are in the favor of further decline in near future. We advise using bounce to go short in the given range.

Recommendation

Sell Tata Steel Ltd Oct Futs @ 345-347 Stoploss 352 Target 332 CMP 341.65

 

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