In this video I have tried to show some interesting aspects about Nifty, Banknifty and Nifty Metal Index. Also, i have discussed few of the interesting stock setups which an individual can use for studying.
NIFTY METAL Index is outperforming Nifty 50 Returns and Today we have seen Fresh trendline breakout, We may See Metals Stocks Shining in next few trading sessions. Keep A close watch on TATASTEEL, JSWSTEEL, JINDALSTEL AND HINDALCO
Dt. - 03-03-2021
As you can see from the forecasts, in the forecast the index took more than 2 years to reach the target from the bottom and in the second forecast that is after the market crash becoz of COVID-19, the index took less than a year to reach the same target from the same bottom. Share ur views on this.
I wrote an idea earlier on TATASTEEL and my opinion of the same using the monthly chart.
Here, I've used the monthly chart of NIFTYMETAL which in my opinion is bullish at the moment. Even though, I am posting this idea in order to further my discussion presented in the TATASTEEL idea but have done as much justice possible to the NIFTYMETAL monthly chart and have...
NSE:VEDL
buy above current black line sl that below black line and trailing target is above red dash lines.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
NSE:JINDALSTEL
🙄😲😳🥺🤓👁👀 keep open and don't think to short without conformation. all levels mentioned keep adding few quantities after each breakout and if break any support book it.
******whatever charts or levels sharing here are just for educational purpose only not a...
JINDALSTEL gave Flag breakdown after getting rejection by fibo level
Looking weak below 257.50 Level , Gap down can escalate selling pressure
View negates above 268 on the basis of candle close
Hindalco is consolidating and making Symmetrical Triangle
Looks Good for Long above 249 Level
Weak Below 241.50 Level for Short Trade
Between 241.50-249 Avoid Trading
1) Wait for breakout and retest for accurate entry
2) If gap-up confidently take long
3) If resistance is strong , no trade .
4) 2 targets ate given , safe book at 1st target , trial to 2nd target if you’re an active trader .
Dt.- 27-11-2020 Price - 2925.75
Made a bearish Doji indicating there will be a correction. We are expecting that it may visit the support level that is placed at 2881.05 and if there will be more selling pressure among stocks than it can go up to the 21DEMA. Nifty Metal is in the overbought zone. This will be the key entry-level for the put option trader.
