We can see a downside of 7-10% in CNX Metal index till it doesn't cross the resistance at 2170. One can short metal stocks for this move.
Views are for educational purpose only.
Comment:
Wait for Nifty Metal to cross 2200 to enter on buy side in Metal stocks.
Personal Targets on below stocks if nifty metal crosses 2200 DailyCB.
JSW Steel - 290
Tata Steel -410
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Personal Targets on below stocks if nifty metal crosses 2200 DailyCB.
JSW Steel - 290
Tata Steel -410