Prakash Gaba of prakashgaba.com told CNBC-TV18, "The basic structure of Tata Steel is positive, but if you are a trader, take your money off the table here; the place is just right. However, if you are an investor, continue holding it and buy at dips."
At 15:12 hrs Tata Steel was quoting at Rs 654.10, down Rs 32.75, or 4.77 percent.
The share touched its 52-week high Rs 696.55 and 52-week low Rs 363.90 on 21 September, 2017 and 30 September, 2016, respectively.
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