Stock of the day: Buy Tata steel Ltd For Taget Rs.120 - Religare Broking
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Tata steel Ltd
* Metal pack is seeing gradual recovery and Tata Steel is trading in sync with the trend.
* Witnessed a breakout from a reversal pattern on the daily chart of late.
* Also, surpassed the hurdle of multiple moving averages on the daily chart.
* We expect gradual up move from hereon. Accumulate in the given range.
Technical Chart : Daily
Buy Tatasteel Ltd CMP 111.15; Range 110-112; SL 107; Target 120
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