Bhushan steel

Buy at CMP 63.6 and hold position till 75. Further move to be decided once it crosses 75 else the position is squared off. SL 60 shall be maintained on day closing basis.

with the news of takeover very close, this could turn out to be a trade worth taking.
Trade active: Stop loss shall be revised downwards by 4 more rupees. new SL 56
Trade active: Up almost 4%. Hold for targets
Trade closed: stop reached: SL hit. booked out.
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