Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying Tata Steel shares on April 6

The metals sector, including Tata Steel, is showing resilience with selective buying amidst global volatility. This suggests a potential rotation of capital into defensive or fundamentally strong sectors.

Look for entry points in strong metal stocks like Tata Steel on dips, maintaining a stop-loss below recent support levels.

For Indian markets, this story mainly matters for TATASTEEL, , and the Metals, IT, Defence pocket. The current signal is bullish, so traders should look for follow-through in price, volume, and sector breadth instead of reacting to the headline alone.

Watch whether the next market session confirms the setup described here: Recommended for buying by a prominent analyst. Experienced selective buying despite market volatility. Also track volume confirmation, sector participation, and whether the move holds beyond the first reaction.

• •Dharmesh Shah of ICICI Sec suggests buying Tata Steel shares on April 6.
• •Nifty 50 rose by 0.15% and Sensex by 0.25% on April 2, despite a six-week decline.
• •Selective buying occurred in IT, Metals, and Defence stocks.
• •Pharma and Financial stocks faced profit booking.
• •Risk flag: Continued global volatility could impact commodity prices and demand for metals.