Rakesh Jhunjhunwala portfolio: ICICI Securities gives positional 'Buy' call to this metal stock1 min read 06 Jan 2022, 10:43 AM IST
The metal stock has rebounded after taking support at 200 day EMA, signaling resumption of up move and fresh entry opportunity, ICICI Securities highlighted
The Nifty metal space has seen a healthy retracement in the last three months. It is currently seen rebounding after a base at the 100 days EMA. Brokerage house ICICI Securities' preferred stock pick within the metal space is Steel Authority of India (SAIL) which it expect to outperform.
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