kugan_vel

Metal index may retest before the next rally

Long
NSE:CNXMETAL   Nifty Metal Index
W pattern breakout happened last week and may now retest near the trendline or at the neck level of W pattern. The target based on W pattern is in sync with the all time high level. So metal stocks may be ready for next rally next week.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.