Indian Metals & Ferro Alloys Ltd Monthly Breakout
Price action seems to have broken the resistance on monthly chart
Also a Cup & Handle pattern formed with a bear rejection candle for the current month
Good volume support
Improving fundamentals, sector tailwind (steel industry)
Also a Cup & Handle pattern formed with a bear rejection candle for the current month
Good volume support
Improving fundamentals, sector tailwind (steel industry)
Trade active
Reached 778 at a ATHTrade active
Simply awesome move of 16% now at 862
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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.