Tata Steel CMP 1254 is giving a solid break out after forming a sort of triple bottom near 1063. The immediate targets for Tata Steel will be 1300, 1346, 1376 and 1426 in a long run. Maintain a stop loss at closing below 1060 levels. EPS of the stock is consistently growing. After giving a bumper result the stock is still trading at PE of 4.1. RSI of the stock is showing strength and delivery percentage of the stock is also rising.
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