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Nov 21, 2021 2:27 PM

Breakdown on Trend line with Nifty Metals 

Nifty Metal IndexNSE

Description

On the last trading day, Nifty Metals had faced the breakdown of his trendline on daily chart. Now it will take support from it's next support level at 5282 & 5169 & then 5000. Such fall in Nifty Metals will cause more panic in market and we will see more decline in price of its major contributor Shares which are Tata Steel (23.56%), JSW Steel (15.38%), Hindalco (15.18%), Vedanta (9.06%).
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