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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