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Nifty Metal (Bullish)

Long
Nifty Metal Index (NSE:CNXMETAL)  
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NSE:CNXMETAL   Nifty Metal Index
Trend Analysis Chart Patterns Technical Indicators NIFTY niftymetal
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trendanalysis chartpattern indicator nifty niftymetal
Nifty Metal (Weekly):


1. Nifty Metals has given a Chanel Breakout.
2. We can consider going long on Metal sector
3. Also upper Bollinger Band is challenged
4. RSI is above 60 levels

A perfect Bullish condition

Major Stocks in Nifty Metal are:
a) Tata Steel 23%
b) Hindalco-18%
c) JSW Steel 15%
d) Adani Enterprises-12%
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