Buy Bhushan Steel; target 359: Mitesh Thacker

"...Bhushan Steel can be bought with a price target of 359, a stop at 332 over here."

| Updated: Nov 09, 2011, 11.01 AM IST

In an interview to ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com gives his view on Bhushan Steel.

What is the call on Bhushan Steel?

A buy on Bhushan Steel, this stock has been drifting upwards, now is showing some kind of a breakout on the momentum indicator charts. So, this one can be bought with a price target of 359, a stop at 332 over here.

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