Tata Steel may test Rs 270: Simi Bhaumik

Simi Bhaumik of simibhaumik.com told CNBC-TV18, "I like Tata Steel. It is looking bullish on technical parameters and I give this call to my clients also today for intraday. This stock is looking good on intraday parameters also. My stoploss is below Rs 255. I am expecting a target of Rs 264-265 today itself.""Maintain your stoploss because Rs 255 is a strong support for Tata Steel and if it breaks this level then it can try to come down and settle near Rs 250-251 but overall this stock looks bullish on short-term parameters also. So even if you get stuck today, do not worry, you can carry, you can roll it over and my next series target would be Rs 270 for this stock. So even if you get stuck, there is nothing to worry. I am holding this stock also in my portfolio and I am recommending this stock for intraday," she added.