Moneycontrol
Feb 26, 2013 05:46 PM IST | Source: CNBC-TV18

Tata Steel may slip to Rs 300, says Sukhani

Tata Steel may slip to Rs 300, says Sudarshan Sukhani, s2analytics.com.


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.

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