Stock to Watch: Tata Steel – Positional target price at Rs 1200-1250, this analyst says; outlook positive for company, steel sector
Tata Steel Stocks were trading in the green on Monday on the NSE around 11:40 am. The stocks were trading at Rs 1140.50, up by 0.40 per cent. The stock is positioned well to pick up from the existing levels over the next 1-2 months on the back of strong show by the company in the domestic and overseas markets
Technical Analyst Nilesh Jain puts a target price of Rs 1200 and the next target price at Rs 1250 with a 1-2 month horizon. Source: Reuters