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Tata Steel shares give breakout, trading at six-month high; time to buy?

Shares of Tata Steel were the top gainers on Sensex and Nifty amid a correction in the broader market for the second consecutive session today. In fact, the Tata Steel stock is trading at over six-month high after rising for five consecutive sessions. The stock has risen nearly 9% during the period. Tata Steel has come out of consolidation level and given a breakout, considering the current leg of rally today, said analysts.
Osho Krishan Mahesh Prakot Vinit Bolinjkar Head Of Research Technical Research Analyst At Bonanza Portfolio Tata Group

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