MT NEWS why is Arcelormittal price falling or rising

MT NEWS reasons for why stock price of Arcelormittal is falling or rising

MT Arcelormittal is falling or rising technical reasons

Technical analysis forecast for Arcelormittal Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Arcelormittal MT at this time. Stock is falling and might fall more.

It appears as if Arcelormittal MT gave a large move recently.

Stock of Arcelormittal (MT) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Arcelormittal is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Arcelormittal stays below 22.9, but if it comes above 22.9, then a intra day buy could be more profitable.
If you take a sell trade below 22.9, then use 22.9 as stoploss and 21.8 as target. However if you take a buy trade in Arcelormittal, then use 22.9 as stoploss and 23.81 as target.

MT Arcelormittal is falling or rising NEWS fundamental reasons

ArcelorMittal decides against shutting its South African steel plant It expects to report a headline half-year loss per share between 0.96 rand and 1.04 rand, compared with a headline loss of 0.40 rand per share in the same period last year - NEWS as on 2024-07-02 business-standard.com

State-run Coal India's production rises by 8% to 189 MT in first quarter State-owned CIL's coal production rose 8 per cent to 189.3 million tonne (MT) in the first quarter of the ongoing financial year. The company's coal output was 175.5 MT in April-June period of the previous fiscal. "Moving past the target of 189.2 MT, CIL a - NEWS as on 2024-07-01 business-standard.com

Nifty bulls climb Mt 24K. Here's the record-breaking journey in 8 charts - NEWS as on 2024-06-30 indiatimes.com

Nifty Bank climbs Mt 53K; here are important levels to track on Friday The index hit a record high of 53,180, but pared most of the intraday gains and ended with a loss of 59 points at 52,811. IndusInd Bank, Axis Bank and Kotak Mahindra Bank were among top gainers while selling was seen in IDFC First Bank, Bandhan Bank, AU Sm - NEWS as on 2024-06-27 indiatimes.com

ET Market Watch: Sensex scales Mt 78K, Nifty hits new life high of 23,754 - NEWS as on 2024-06-25 indiatimes.com

Ambuja Cement bags 24 limestone mines in FY24 with 587 MT estimated output Adani group firm Ambuja Cements, which is aggressively pushing for expansion, has won 24 bids for new limestone mines estimated to have a total resource of 587 million tonnes of limestone, according to the company's annual report. This is in addition to 1 - NEWS as on 2024-06-24 business-standard.com

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MT Arcelormittal current price & indicator signals

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