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Tuesday, 8 October 2013

Tata Steel - Time to buy again

Dear Readers

We covered Tata Steel for positional buy few weeks back and the stock hit the target after which it started falling along with overall markets. 

On Oct 7, Tata Steel made a smart upmove and closed above 21 DMA. Several indicators are pointing towards a bounce and next upmove. 

Buy above 303 for a target of 310-320. Keep SL of 286.

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