ST_NGNF

Long Tata Steel BSL

Long
NSE:TATASTLBSL   TATA STEEL BSL LTD
Tata Steel BSL
NSE:TATASTLBSL
Cmp - 93
Stop - Nil, Add more on relevant dips
Expectation -
T1 - 450
T2 - Open, Review at 450
Expected Holding Period - 2 years or earlier for T1
Technicals - ✅
Fundamentals - ✅
View:- Investment

Disclaimer:-

Ideas being shared only for educational purpose

Please do your own research or consult your financial advisor before investing

Comments

have you noticed the merger ratio? how can your target be possible with the merger anchoring?
Reply
ST_NGNF jyotiholdings
@jyotiholdings,

Hi,

https://m.economictimes.com/industry/indl-goods/svs/steel/tata-steel-advances-process-of-merger-with-tata-steel-bsl-n-chandrasekaran/articleshow/83995977.cms

IMO,

1. Realty and Infra are industries to watch for presently of course with Digital Indian and the EV
2. Metal Sector being cyclical presently facing headwinds due to segment rotation and likely to continue for a few weeks. However, should rebound as the steam still left.
+3 Reply
thanks boss
Reply