These are top picks by Jigar S Patel of Anand Rathi ahead of Budget 2024

Quick Summary:

Recently, Tata Steel experienced a significant decline, dropping nearly 22 points after forming a double top at the 180 level.

Therefore, we recommend going long in the Rs 520-530 zone, with an upside target of Rs 600 and a stop-loss placed near Rs 488 on a daily close basis.

Therefore, we advise buying Tata Steel in the Rs 158-162 zone, with a target of Rs 175 and a stop-loss of Rs 153 on a daily close basis.

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Category: BusinessFinance

Markets: India

Topics: BSE Sensex Stock Call Markets Trading strategy Sell NSE Nifty50 Hikal Stock Calls Tata Steel Nifty Buy Shares Chemplast Sanmar Stock market today Share market Stocks

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Article Type: News Report

Published On: 2024-07-23 @ 06:29:19 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 408 words

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