For those who have missed out the metals rally, the market still offers an opportunity to buy afresh. There is some steam left in metals. If you look at a 10-year average EV to EBITDA, we are still trading at 6.5 times. The 10-year average is 6.9. I think it will continue to go up. Buy tata steel at cmp for 1400 levels in short-term.
Trade active
Brace yourselves the rally is about to begin again.... 🔥🔥🔥
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.