ad11patankar

Another Breakout ?

Long
ad11patankar Updated   
NSE:CNXMETAL   Nifty Metal Index
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.
Trade closed: target reached
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