Tata Steel Ltd
Tata Steel Ltd. (TATASTEEL) has turned northwards after taking support at the 78.6% Fibonacci retracement level indicating bullishness on cards (as indicated in the chart). Further, technical indicator RSI has turned up after forming a positive divergence suggesting higher levels. Hence, a BUY recommendation on the stock.
Buy Tata Steel Ltd @ 573-575 Stoploss 561 Target 590-605
Adani Ports and Special Economic Zone Ltd
Adani Ports and Special Economic Zone Ltd. (ADANIPORTS) has broken out from a Triangle pattern on the daily chart indicating bullishness building up in the stock (as indicated in the chart). RSI has also turned down from the 30-level forming higher low affirming weakening downtrend. Hence, a BUY recommendation on the stock.
Buy Adani Ports and Special Economic Zone Ltd @ 332-335 Stoploss 325 Target 345-350
To Read Complete Report & Disclaimer Click Here
For Yes Securities Disclaimer http://yesinvest.in/YES/index.jsp SEBI Registration number is INZ000185632
Above views are of the author and not of the website kindly read disclaimer