For the past few month the metal stocks are struggling in trading,but Tatasteel some how managed at different level to sustain its trading momentum as far as the derivative segment is concerned. The present situation in Tatasteel is that it may have a financial relief due to the support from U.K Government as the government is willing to undertake the pension burden to a level of 60% and Tatasteel may only cater 40% contribution to the pension scheme as Tatasteel is exiting its business activities by selling its assets and business in U.K.
More over around seven companies are interested buy the assets and business of Tatasteel's U.K.arm which will be a favourable situation to Tatasteel.
So in this juncture, Tatasteel may excel its 'trading momentum' very soon in derivative segment.
Is this a good or bad news to F&O traders.
This is definitely a good news to intraday traders in Tatasteel and it is a mild positive good news to positionl
traders in derivative segment.
So derivative traders can watch the movements of Tatasteel and catch it for a superb return.
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