Stock of the day : Steel Authority of India Ltd For Target Rs. 146

2025-07-03 10:34:50 am | Source: Religare Broking Ltd

Stock of the day : Steel Authority of India Ltd For Target Rs. 146 - Religare Broking Ltd

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Steel Authority of India Ltd

Buy Steel Authority of India Ltd CMP 137.48 Range 136-138 SL 132 Target 146

* Metal stocks are witnessing strong buying interest, and SAIL is participating in this positive momentum.

* The stock is trading comfortably above key moving averages, reinforcing its bullish structure.

*Recent price action indicates a fresh buying pivot after a minor pullback, backed by a steady formation of higher highs and higher lows, the uptrend looks poised to continue.

*Investors can consider entering long positions within the suggested price range.

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Stock of the day : Steel Authority of India Ltd For Target Rs. 146 - Religare Broking Ltd

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