Tue, December 10, 2024
[ Tue, Dec 10th 2024 ]: Business Today
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Mon, December 9, 2024
[ Mon, Dec 09th 2024 ]: Business Today
Asian Paints, Tata Steel, AU Small Finance Bank: How to trade these 3 buzzing stocks
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Asian Paints, Tata Steel, AU Small Finance Bank: How to trade these 3 buzzing stocks

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
An analyst from Anand Rathi said that Tata Steel is encountering a significant resistance level around the R3 Camarilla pivot, specifically in the Rs 150-151 zone, indicating selling pressure.
The article from Business Today discusses trading strategies for three buzzing stocks: Asian Paints, Tata Steel, and AU Small Finance Bank. For Asian Paints, despite a recent dip, analysts suggest a potential recovery with a target price of Rs 3,500, supported by a strong support level at Rs 3,100. Tata Steel is recommended for buying on dips, with a target of Rs 150, as long as it stays above Rs 125, due to positive market sentiment and potential growth in the steel sector. AU Small Finance Bank is advised to be bought at current levels with a stop loss at Rs 600, aiming for a target of Rs 750, driven by its robust financial performance and growth prospects. The article provides insights into the technical analysis and market conditions influencing these stock movements.

Read the Full Business Today Article at:
[ https://www.businesstoday.in/markets/company-stock/story/asian-paints-tata-steel-au-small-finance-bank-how-to-trade-these-3-buzzing-stocks-456758-2024-12-10 ]


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