BUY TATASTEEL FUT 2 LOTS ABOVE
409.30 TARGET 417.30 SL 403.30
SELL TATASTEEL FUT 2 LOTS BELOW 407.20 TARGET 399.20 SL 413.20
Market turned volatile due to run-up to the US elections. The
ripples were felt not just in India but across the globe in equity markets.
Banking & Auto stocks led the charge today as Bulls took percentage with
support of the Pharma pack too in late afternoon trade backed by good earnings.Metal stocks could gain on the expectation of higher steel export to the US for
additional infra spending of $700-800 bn in the next 10 years. We are expecting
JSW Steel, Tata Steel, and Welspun Corp to benefit from Biden’s infrastructure
push. Plus all major IT and Pharma companies could expect ease of doing
business in the US.
FOR MORE TRADING TIPS WHATSAPP ON 7772909587
Tuesday, November 3, 2020
KEEP AN EYE ON METAL STOCKS
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