All steel sector stocks rocking - not sustainable

All steel sector stocks are rocking. All crucial rawmaterial like coking coal and other coal prices rocked from USD 60 levels to USD 300+ levels, still the stocks are rocking. Better be light with these stocks, as increased steel price would not obsorb end user buyer. Expected a great slow down, going forward next two years.

However, pls take informed decision at your risk. Observation is for study purpose.

Trend Analysis

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