Bhushan Steel has target of Rs 590, says Technical Analyst, Ashwani Gujral.

Gujral told "Bhushan Steel is the strongest steel stock, which is almost at new highs, so we buy this a stoploss of about Rs 504. While other metal stocks got hammered last 2-3 days this one is sideways and started movin..

Bhushan Steel had touched an intraday high of Rs 316 and an intraday low of Rs 285.50. At 11:33 am, the share was quoting at Rs 311.50, up Rs 20.45, or 7.03%. It was trading with volumes of 12,328 shares. Yesterday the share closed down 3.21% o..