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Published on 3/09/2020 10:41:12 AM | Source: Motilal Oswal Financial Services Ltd

Buy Tata Steel Ltd For Target Rs. 465 - Motilal Oswal

Posted in Broking Firm Views - Short Term Report| #Tata Steel Ltd #Trading Report #Steel #Motilal Oswal Financial Services Ltd

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Technical Trading Idea

* The stock has given breakout from its falling supply trend line on lower degree chart and holding well above the same. Major trend of the stock is positive and every decline is being bought into. It has been respecting to its 20 DEMA along with sustained buying interest in metal space.

* Thus, suggesting to buy the stock with stop below 425 for an upside target towards 465 levels.

 

Buy Tata Steel Ltd @ 2-3 Days CMP 438 TGT 465 SL 425

 

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