Moneycontrol
HomeNewsBusinessStocksGo long in Tata Steel, says Simi Bhaumik
Trending Topics

Go long in Tata Steel, says Simi Bhaumik

Simi Bhaumik of simibhaumik.com is of the view that one may go long in Tata Steel.

January 21, 2016 / 12:23 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Simi Bhaumik of simibhaumik.com told CNBC-TV18, "At least for intraday, I would say that Tata Steel is maintaining above Rs 236-235 range. One can go long in this stock with a stoploss below Rs 232 and my intraday targets are Rs 240-244."He further added, "I am expecting this stock to move up and it may try to test Rs 244-245 range as well. Maintain your stoploss below Rs 232 strictly and Tata Steel is there in my portfolio."

first published: Jan 21, 2016 12:23 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!