Upside left in steel stocks: Sukhani

Technical Analyst, Sudarshan Sukhani is of the view that more upside left in steel stocks. He further added that correction can occur in steel sector if the broad market sells off in the next week . Tata Steel is little behind but rest of the midcap and SAIL are heading for much higher levels.

Sukhani told CNBC-TV18, "Small correction could occur in steel sector which means that if the broad market sells off in the next week then these stocks are not going to go against it."

He further added, "But beyond that I think there is a lot more upside left in these stocks they are just beginning a bull run, steel is doing amazing things on the charts. Tata Steel is little behind but rest of the midcap and SAIL are heading for much higher levels."

Source : MoneyControl