Tata Steel has support at Rs 230: Gujral
Published on Thursday, October 16th, 2008 at 9:37 AMAuthor: admin (5507 Articles)
Technical Analyst, Ashwani Gujral is of the view that Tata Steel has support at Rs 230.
“ONGC is at key levels, Rs 790-800 must be held on, otherwise this stock could be headed to about Rs 650.”
He further added, “Tata Steel its already got beaten up quite a bit, Rs 230 now is a good support. But metal stocks are not looking like they are finding any sort of bottom, so probably they will keep heading down.”
Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.
Source : MoneyControl
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