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Steel Authority of India (SAIL) Ltd.: Buy Steel Authority of India (SAIL), target Rs 70: Anand Rathi - The TheIndianSubcontinentNever
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- ????? KAN - ?????ORI - ????TEL - ??????TAM - ?????ET NOW RADIOET NOWTIMES NOWBuy Steel Authority of India (SAIL) at a price target of Rs
70.ETMarkets.com|Apr 04, 2019, 06.01 PM ISTThinkStock PhotosThe current market price of Steel Authority of India (SAIL) is Rs 58.20.Anand
Rathi has a buy call on Steel Authority of India (SAIL) with a target price of Rs 70.
The current market price of Steel Authority of India
(SAIL) is Rs 58.20.
Time period given by the brokerage is three months when Steel Authority of India (SAIL) price can reach the defined
Investment rationale by the brokerage: The stock has provided a breakout from the inverse head and shoulders pattern which is a bullish
The daily, as well as weekly momentum indicator, MACD is well in buy mode
The initial target comes to Rs 64 which is its 200-DMA as well as the conservative target of the inverse head and shoulders pattern whereas
Rs 70 is the aggressive target of the pattern
The support on the lower side is pegged at Rs 53.
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not 'fit and proper' to be commodity brokers: SebiBuy Apollo Tyres, target Rs 279: Anand RathiBuy Star Cement, target Rs 123: Anand
RathiCommenting feature is disabled in your country/region.Disclaimer: This recommendation is analyst's own and does not represent those
of economictimes.com ETMarkets.com
Please consult your financial advisor before taking any position in the stock/s mentioned.Browse
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