TATA STEEL: CALM BEFORE THE STORM?
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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.
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Brace yourselves the rally is about to begin again.... 🔥🔥🔥
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