Tata Steel may slip to Rs 300, says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, “One cannot get into Tata Steel. It is moving towards Rs 300. This is not a good time to buy the stock. Please be patient. You will get it on a sale then you buy it.”
On Feb 26, Tata Steel closed at Rs 349.85, down Rs 11.10, or 3.08%. It has touched a 52-week low of Rs 348.85.
Disclosure: I am long in the Nifty for the day that is an intraday trade.