Shrikant Chouhan, VP Technical Research at Kotak Securities feels that Tata Steel can test Rs 475-480 in near term.
Chouhan told CNBC-TV18, "The way Tata Steel recovered from Rs 420 to 445 it look like there is a clear cut buying interest in the market for the stock. We can expect Rs 475-480 in near term. We can trade long at CMP more on declines around Rs 430-435 with stoploss Rs 420 on a closing basis.
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