Buy Tata Steel for the target prices of Rs 429/433/Higher with a stop loss of Rs 416.5: ICICIDirect

Source : SIFY
Last Updated: Fri, Jan 18, 2013 03:50 hrs

We said, "weakness below candle required to threaten lower White channel." Index held the candle's low, and bounced to close 146 pts or 0.7% higher. Except Capital Goods, most sectors ended flat to positive. While Oil&Gas Index shot up by 3%, Realty Index recovered 2%. The A/D ratio, however, ended marginally negative.


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