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Tata Steel can move to Rs 465: Shruti Vora

Tata Steel can move to Rs 465, says Shruti Vora, Antique Stock Broking.

October 21, 2011 / 12:18 IST
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Tata Steel can move to Rs 465, says Shruti Vora, Antique Stock Broking.


Vora told CNBC-TV18, "On the BSE Metal Index we have been trading somewhere closer to the 11,200 level. I would not be surprised with 500-600 points upmove. So possibly an 11,800 kind of a movement can be seen there. Especially closer to the expiry week where these stocks normally tend to bounce back as seen in the last expiry also."


She further added, "I think two names that one could particularly look at one would be Tata Steel. It formed a bullish engulfing pattern yesterday on the back of decent volumes. So wouldn

first published: Oct 21, 2011 10:34 am

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