Buy Tata Steel, target Rs 359: Rakesh Bansal

Rakesh Bansal of RK Global is positive on Tata Steel. The expert has advised traders to buy the stock with a target of Rs 359 and maintain a stop loss at Rs 320 in intraday trade. The stock has hit a high of Rs 335.70 and low of Rs 331 in trade so far. The stock has seen some momentum. It recently intersected with its 20- and 50-day moving averages at around Rs 327 level.