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VijayBabuA
Nov 19, 2021 12:15 PM

Metal Index Channel Breakdown Short

Nifty Metal IndexNSE

Description

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.
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