Abhijit Paul, Founder of alphative.com told CNBC-TV18, "Tata Steel is on high definitely. Early August the stock was trading at close to Rs 200 and looking into the chart it seems like it has made up its mind to double from that level."
"It seems that the immediate upside target for the stock is close to Rs 395-400 in the futures and options market. The trend is strong, it is intact, it is finding pretty decent buying every time it slips down 3-5 percent. So, I sense this is one stock within the metals which will continue to outperform," he added.
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