2025-04-25 11:49:20 am | Source: Religare Broking Ltd
Stock of the day : Steel Authority of India Ltd For Target Rs. 127 - Religare Broking Ltd
Steel Authority of India Ltd
Buy Steel Authority of India Ltd CMP 118.03 Range 117 SL 119 Target 127
* The metal sector could attract renewed buying interest, with select stocks already catching up.
* SAIL has established a strong base, holding firmly above the key support of its 200 WEMA.
* A breakout from this range, coupled with a breach of the falling channel pattern, signals a potential trend reversal, with a shift towards an uptrend.
* Traders can consider long in the mentioned range.
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