sankarghatak

CNXMETAL Inching towards 0.618 Fib retracement.

Long
sankarghatak Updated   
NSE:CNXMETAL   Nifty Metal Index
2
Metal index NOW at 2833.
0.618 retracement level at 2794.
Maximum Metal heavy weights are in OVERSOLD territory.
Soon witnessing Reversal.
TATASTEEL, VEDL looks Good.
Comment:
Metal Index at 2889 +1.21%
Highest Gainer in Major Sectoral Index
Above 0.50 retacement Level.
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