26-03-2024 10:12 AM | Source: Religare Broking
Stock of the day : Tata Steel Ltd For Target Rs.161- Religare Broking

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Tata Steel Ltd

* Metal stocks have regained their upward momentum and TATASTEEL is offering a fresh buying opportunity.

* The stock has rebounded higher finding support around its short term moving average (50 DEMA) which has acted as key support in the past.

* It has formed a fresh buying pivot above the 20 DEMA, highlights bullish tone to continue.

* We thus recommend creating fresh longs in the mentioned range.

Buy  Indus Towers  Ltd  CMP 151.80 Range 150-152 SL 146; Target 161

 

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