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Another Breakout ?
Nifty Metal Index
Long
Another Breakout ?
By ad11patankar
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Updated
Oct 26, 2021
0
Feb 21, 2021
Underperforming Sector's are outperforming in this rally.
Expect money flowing from IT and PHARMA to other sectors now.
Metal sector was long consolidation mode.
Last 7-8 year's underperformance or sideways move is showing reversal sign's.
After Precise Double Bottom Metal Index moved up.
On Weekly Basis we are very close to
GOLDEN CROSSOVER.
Few week's ago we witnessed exact crossover happening on PSU INDEX.
Expect this index to new High's and Higher High's here on.
I'm expecting 20/35% Upside after crossover complete.
Google :- GOLDEN CROSSOVER if you are unaware about the same.
RESISTANCE AREA'S MARKED ON CHARTS.
FEEL FREE TO DROP THE SUGGESTION AND QUERRIES.
HINDALCO - LOOKING BEST BUY AS OF NOW.
Oct 26, 2021
Trade closed: target reached
Double Top or Bottom
Fibonacci
Moving Averages
ad11patankar
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