Bhushan Steel Buy Call

Bhushan SteelAn investment may be considered in the stock of Bhushan Steel, as there are full chances of upside potential in the coming months.

Mr. Ashwani Gujral has given this buy call, and said that the stock is expected to generate handsome returns in medium to long-term.

Investors interested in buying Bhushan Steel, can purchase it between Rs 1450-1500. Investors need not to worry as the stock has great capacity and it has already proved its brilliance in the previous trading sessions.

Bhushan Steel has a medium term target of Rs 2010. The investors should keep a stop loss of Rs 1300. The stock has seen an 52-week high of Rs 1,625 and low of Rs 215.70.

As compared to other stocks in the same sgment, Bhushan Steel is looking strong for medium or long term. Investors can also purchase Steelco Gujarat and Pennar Inds for short term trading.