Tata Steel just went and made fresh highs after Q3 numbers on Friday 
Net profit jumped massively YoY, revenues were steady, and almost every big brokerage came out upgrading targets right after. Stock pops ~5%, record high, sentiment clearly flipped positive.
What’s interesting is this move is coming despite Europe still being a bit messy for them. Feels like the market is fully buying into the India steel cycle + pricing improvement story now, and not stressing too much about near-term noise.
Curious what you guys think here 
Is this one of those “buy strength and ride the cycle” moves…
or is Tata Steel already pricing in a lot of the good news at these levels?
Would you add on a breakout like this, wait for a cool-off, or just sit tight if you’re already holding?