Nifty Metal IndexShort
Metal Index Channel Breakdown
Metal Index has broken down on weekly chart. it is expected to correct 15% more. let's watch out. individual stocks may perform differently. but higher weightage stocks are making lower lows.
RSI is making lower lows from May, indicating weakness in price. where as price is making higher high's.
RSI is making lower lows from May, indicating weakness in price. where as price is making higher high's.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.