The stock potentially has a strong primary trend. The price action witnessed profit-taking from September 2022 on a relative dearth of volumes. In the due course, it formed the ABCD harmonic pattern which ushered for a reversal.
Tata Steel saw strong revenue growth in the June quarter, driven by higher realisations. However, global steel prices are softening, and coking coal costs are
Oil prices dropped significantly as peace talks with Iran appeared imminent. Stock markets showed mixed reactions, with US futures rising and Asian markets declining. Japan’s
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