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#11
7th October 2004, 05:19 AM
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Re: Uttam Steels Ltd. - Mid cap stock pick
I am new to this discussion group and it seems like there is lot of interest here in technical signals. It is good idea to be aware of fundamentals - at least to have confidence in the major trend for a given stock and its sector, and to ensure that valuations haven't grown too much beyond the underlying growth prospects.
Global steel prices are rising, partly due to high demand from China. (http://biz.**********/ibd/041004/newamer_1.html). Many Steel stocks including Laxmi Mittal's Ispat International (IST on NYSE) have done quite well in recent months. -- Milind 
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#12
7th October 2004, 10:53 AM
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Re: Uttam Steels Ltd. - Mid cap stock pick
Quote:
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