Nifty Metal - Breakout Setup, Move is ON...

NSE:CNXMETAL   Nifty Metal Index
#CNXMETAL trading above Resistance of 8747
Next Resistance is at 11523
Support is at 6740

Here is previous chart:

Chart is self explanatory. Levels of breakout, possible up-moves (where index may find resistances) and support (close below which, setup will be invalidated) are clearly defined.

Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.

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