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Published on 25/06/2019 9:26:45 AM | Source: Religare Securities Ltd

Sell Tata Steel Ltd For The Target Rs.460 - Religare Securities

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

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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 500, it is again drifting lower. Indications are in the favor of further decline in near future. We advise using any bounce to go short in the given range.

Recommendation

SELL JUN FUTS Tata Steel Ltd @490-494 Stoploss 505 Target 460 CMP 486.25

 

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