TradingView
Yogesh_Agarwal_
Mar 21, 2022 5:37 AM

Consolidation Over? Long

Nifty Metal IndexNSE

Description

Nifty Metal INDEX has broken out of a long consolidation phase(greater than 200 days of consolidation
6310 is the level if we get a daily close above this a new momentum can be started on the upside.
MACD(the momentum indicator) has also given a breakout.

Strong stock in this index should be on the radar
NSE:HINDALCO
NSE:NACLIND
NSE:TATASTEEL
NSE:JSWSTEEL

Disclaimer: educational view
More