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Stock of the day

* Metal is among the top-performing sector at present and TATASTEEL is trading in line with the trend.

* Post breakout from its trendline resistance, it’s gradually inching higher, making higher highs and higher lows.

* The chart pattern indicates the prevailing trend to continue.

* We thus advise creating fresh long positions as per the levels.

Technical Chart : Daily

Buy Tata Steel Ltd CMP: 122.90 Range: 120-122  SL: 117  Target: 132

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