Overall Metal sector looks good for coming few weeks. MOIL being only company in manganese segment looks very lucrative at this point. Double bottom at 260 level Breakout zone 290 Target : 325-360 levels Short term trade.
Gold/XAUUSD Seems Bearish on Technical and Fundamental Basis.. Above are levels to trade gold better... Sell on rise would be better strategy could be Short/ Sell Now At 2007 with Tgt of 1995 towords 1980....
NATIONAL ALUMINIUM bounced from 200 ema daily timeframe near breakout. 2-3 days it should breakout first small target 106.
Historical levels in Tata Steel tend to provide good Risk:: Reward ratios to enter trade. Levels are mentioned in the chart. View gets invalidated if Tata Steel goes below 112 Take care & sage trading..!!! Disclaimer -The view expressed here is my personal view - Past performance is not a guarantee for future predictions - I have been wrong in the past and...
Jsw Steel Can start a journey to new highs from here if lows of 773 are maintained.. Will update on any movement
Tata Steel Limited is an Indian multinational steel-making company, based in Jamshedpur, Jharkhand and headquartered in Mumbai, Maharashtra. It is a part of the Tata Group. TATA Steel Limited is a diversified steel producer, engaged in the business of steel making, including raw material and finishing operations. TTM EPS: 1.33 TTM PE: 98.05 P/B: 1.55 Mkt Cap (Rs....
Metal Sector looks good and to lead the rally Buy SAIL @90 SL 80 Target : 110-125 ++
Hello Friends, here we had shared analysis of stock from metal sector stock named SAIL, in which we had checked multi parameters which are aligned in same bearish bias as in current scenario. As per Elliot wave counts we are in complex correction or we can say double threes or double zigzag correction which we had labled as ABC as a (W) then (X) and again ABC as...
CNX Metal Looking Weak Logic: Pure Price Action More bearish if break lower level
Trendline broken, retaking support RSI at 65 Go long Stop loss at 465 Hold for 512, 532
The metal sector is cyclical in nature , most of the stocks have undergone 50%+ correction , SAIL has fallen from 150+ levels and made lows around 65 forming a wide base double bottom and nearing breakout levels of 87+ , the volume profile also shows the maximum accumulation around the 75 levels , with a fall in the US inflation and the cooling down of the DXY...
Good Evening everyone, JSW STEEL on a Daily time frame formed a triple top pattern. The last one is all time high. -->After creating all time high came down directly and broke the last low before ATH (Horizontal Arrow) -->Observe the price action after that , Price hardly managed to go to 0.618 Fib level (shown on chart) ->Got rejected from that level and...
My idea to trade silver as sell on rallies As the fundamental on Silver is not improving economic activities are slow . A very important to be taken note of Silver is a industrial utility the demand and supply need to focus on and this has a major impact on the fundamentals of silver . Till the time we are seeing EUR going down and rates keep on increasing this...
MCX:GOLD1! gold on crucial support if break then we might see 47500 sooner or later but at same time it is on support if sustain then daily TF candle play a critical role for swing long. 📝 If anyone facing any issues or not understanding anything than please ask your doubts in comments. Become an independent trader take charge of your own trades Learn ....
Hindcopper Sector: Metals - Non Ferrous Buy above 117 with stoploss 100 Target - 123, 134, 141
#tata Steel breakdown immediate support @ 740 around
as you can see in image NMDC is near its support zone . 133-137 is very major support . one can enter into 133-137 . with strict SL of 127 . do like my idea if you agree with it and also follow me . dont panic , correction is healthy for long survival of market .
Vedl Trading after 12 long years near life high copper near breakout Vedl is a clear play for 500 areas . on downside strong support at 300-310 areas on longer horizon outperformed metal index and nifty from past few months