Sunday 25 November 2012

Stock Tip 26/11/2012 10:00 am

Market momentum is looking quite positive for today as mentioned earlier. Now once market is able to move above 5660, momentum is going to become very much positive.

You can Buy Tata Steel today @ 370-372

SL - 366 (Closing Basis)

Target - 376, 380, 400

Duration - 1 to 3 days

The stock has corrected and given good upward momentum with gap up today and the stock has potential to move upto 470 if you can keep the stock for 1 to 3 months. So at this rate, the risk reward is favourable for buying. 

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