Tata Steel & Hindalco seem to be hitting resistance: Devangshu Datta

Check out the trading strategies in Nifty, metal shares, ITC, Bharti Airtel, Torrent Pharma with Devangshu Datta, Technical Analyst.

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Surabhi Roy Mumbai
Last Updated : Jan 22 2014 | 2:42 PM IST
Check out the trading strategies in Nifty, metal shares, ITC, Bharti Airtel, Torrent Pharma with Devangshu Datta, Technical Analyst.

SmartInvestor: The benchmark indices are trading in a narrow range with positive bias prevailing. Where are we headed next on the charts?

Devangshu Datta: No trend visible. Stop loss shorts at 6375 and stop loss long positions at 6275 and wait for a breakout/ breakdown.

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SmartInvestor: Metal shares are buzzing in trades for the past two days. How do you view this space? Would you like to recommend any stock for long/short position?

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First Published: Jan 22 2014 | 2:40 PM IST

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