Buy Tata Steel Ltd. with a target of Rs 450: Global Research Ltd

Buy Tata Steel Ltd. with a target of Rs 450 and a stop loss of Rs 415

By ETMarkets.com | Updated: Oct 24, 2016, 02.53 PM IST

CapitalVia Global Research Ltd has a buy call on Tata Steel Ltd. with a target price of Rs 450 . The current market price of Tata Steel Ltd. is Rs 428 . The brokerage house gave a week for Tata Steel Ltd. price to reach defined target. CapitalVia Global Research Ltd maintained stop loss at Rs 415 . Overall, the stock is in an uptrend on its daily chart and is now trading above its both short and medium term moving averages of 10 and 50-days period, indicating the positive trend.

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