Buy Tata Chemical
December 31st, 2007
This Tata Group company is looking very strong on the long term charts. It is forming a long head and shoulders pattern and gives us a target of 528 in the next 1 year.
We recommend investors to invest in this counter and hold for a year.
Fundamentals of the company are also very sound with the chemicals business doing well. Also the company is planning a retail foray.