Feb 26, 2013, 05.46 PM IST

Tata Steel may slip to Rs 300, says Sukhani

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

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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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