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kugan_vel
Jan 18, 2022 8:41 AM
Metal index may retest before the next rally
Long
NSE:CNXMETAL
1D
Nifty Metal Index
NSE
Description
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Jan 18, 2022 8:41 AM
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.
Trend Analysis
Chart Patterns
Comments
kugan_vel
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Jan 24, 2022 5:19 PM
Unexpectedly support level is broken due to global situation and downside move is seen
kugan_vel
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Jan 19, 2022 4:44 PM
As expected, retest is done. Index price may now rise high to reach the target of 6300.
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