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Sanjan91
Sep 29, 2021 1:41 PM

NIFTY METAL CAN RALLY IF SUSTAINS ABOVE 5627.  Long

Nifty Metal IndexNSE

Description

Here's the Nifty Metal index with a bullish breakout. The XABCD bearish crab pattern gives the targets mentioned on the chart.

We shall try to pick some of the metal stocks which are showing a similar pattern.

Trade active

Almost reached the target 2.
Be cautious here, we could have a reversal or a pullback soon. Book your profits in metal stocks and wait for the price action.

Trade closed: target reached

Exact reversal from target 2
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