Buy Tata Steel Ltd 1120 PE For Target Rs.40 - Religare Broking
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Derivative Ideas
TATASTEEL shed 3.32% and closed at 1130.25 on 11th Jan. TATASTEEL is trading with sync with its pack as complete Metal sector is looking weak. Now Short Buildup is being seen in TATASTEEL Fut. We recommend to go Short in TATASTEEL with the PE option.
Strategy:- BUY TATASTEEL 1120 PE@19-22, SLOSS AT 10, TRGT 40.
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