Dear traderji,
Most steel stocks have seen a sudden rise in values on account of increase in steel demand & prices.
Jindal group shares (Jindal Iron & steel, jindal steel & power, jindal stainless & jindal strips), SAIL have touched new highs as compared to the prices in the last few months.
It is expected that the steel sector shall put up a good show this year.
However all this seems to have been factored in. Is it adviseable to book profits now ?
Thanks
Ashok
Most steel stocks have seen a sudden rise in values on account of increase in steel demand & prices.
Jindal group shares (Jindal Iron & steel, jindal steel & power, jindal stainless & jindal strips), SAIL have touched new highs as compared to the prices in the last few months.
It is expected that the steel sector shall put up a good show this year.
However all this seems to have been factored in. Is it adviseable to book profits now ?
Thanks
Ashok