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2025-08-21 11:28:56 am | Source: Religare Broking Ltd
Stock of the day : Tata Steel Ltd by Target Rs. 170 - Religare Broking Ltd
Stock of the day : Tata Steel Ltd by Target Rs. 170 - Religare Broking Ltd

Tata Steel Ltd

Buy Tata Steel Ltd CMP 161.92 Range 161-162 SL 157 Target 170

* TATASTEEL exhibited a robust upward breakout, surpassing a sideways consolidation zone to reach a three-week high.

* The stock broke out from a triangle formation, signaling a bullish continuation pattern.

* It sustained strong momentum above key technical indicators, including the 21, 50 and 100-day Exponential Moving Averages.

* Given this technical strength, investors are advised to consider initiating long positions at the specified entry points to capitalize on potential further upside.

 

 

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