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 of Arcelormittal Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Arcelormittal MT at this time. Stock is rising and might rise more.
It appears as if Arcelormittal MT gave a large move recently.
Stock of Arcelormittal (MT) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Arcelormittal is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 26.1 as stoploss in an intra day sell trade for a target of 24.63. However, stock will show a bullish move above 26.1.
MT Arcelormittal is falling or rising NEWS fundamental reasons
Chhattisgarh's SECL plans to remove 2,200 mt of scrap under special drive This will free up a huge amount of space, which can be reused. Along with this, it will also generate additional revenue of about Rs 10 crore - NEWS as on 2024-10-02 business-standard.com
Coal India arm BCCL books 2.40 MT coking coal for steel sector The government announced that 2.40 million tonnes of coking coal have been booked out of the 3.36 million tonnes offered by Bharat Coking Coal Ltd under auction mode for the steel sector. This success is attributed to reforms making the auction process mor - NEWS as on 2024-09-26 indiatimes.com
More announcements and NEWS
MT Arcelormittal current price & indicator signals
Recent prices of MT Arcelormittal are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 04 Fri Oct 2024 | 25.68 | 25.52 to 25.74 | 1.02% | 0.8 times |
| 03 Thu Oct 2024 | 25.42 | 25.38 to 25.67 | -1.55% | 0.98 times |
| 02 Wed Oct 2024 | 25.82 | 25.78 to 26.11 | -1.53% | 1.34 times |
| 01 Tue Oct 2024 | 26.22 | 25.85 to 26.37 | -0.15% | 1.3 times |
| 30 Mon Sep 2024 | 26.26 | 26.08 to 26.39 | 1.16% | 1.01 times |
| 27 Fri Sep 2024 | 25.96 | 25.90 to 26.24 | 0.12% | 0.67 times |
| 26 Thu Sep 2024 | 25.93 | 25.88 to 26.13 | 5.11% | 1.16 times |
| 25 Wed Sep 2024 | 24.67 | 24.58 to 25.07 | -1.36% | 0.86 times |
| 24 Tue Sep 2024 | 25.01 | 24.74 to 25.10 | 5.13% | 1.18 times |
| 23 Mon Sep 2024 | 23.79 | 23.73 to 23.94 | -0.75% | 0.61 times |
| 20 Fri Sep 2024 | 23.97 | 23.72 to 24.07 | -1.6% | 0.89 times |
| 19 Thu Sep 2024 | 24.36 | 24.17 to 24.48 | 3.66% | 1.09 times |
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