Tata Steel

Tata Steel gives a Bullish Breakout

TataSteel:  A Steel Mammoth  Tata Steel is one of the top steel producing companies globally with annual crude steel deliveries of 27.5 million tonnes (in FY17), and the second largest steel company in India (measured by domestic production) with an annual capacity of 13 million tonnes after SAIL. Tata steel has wide operations in 26 countries which was achieved mostly after they acquired Corus in …

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Stocks Tata Steel

Tata Steel yet to start a rally

Tata Steel has shown some fantastic momentum in recent years and now investors who have missed the move are waiting for a correction or feels the stock is overvalued. But lets talk about the stock technically again! In my last post on Tata Steel at “Still avoiding Metal Stocks? Not Tata Steel Now!!  i did …

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Stocks Tata Steel

Still avoiding Metal Stocks? Not Tata Steel Now!!

Metal Stocks have been under performers since last 8 years, from 2008-2016 but not now!!! In a broader sense we may say that 8 year bear cycle of commodity prices have ended last year at fundamental level. We have seen global metal prices bouncing almost 20% from the lows in 2016 which has resulted in turned in many global companies like …

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