Metals all set to rally stronglyNifty Metal CMP 9251
This Index is the first to fall and hence first to recoup. In my view this Index is all set to rally strongly.
At Fib support we also have a trendline support. RSI is taking support above the bull zone.
The composite detects a reversal which has been marked with on the righ
metals are getting cold.metal stocks and index are not looking good for longs right now with global slowdown especially with china slowdown . any positive news from china for real estate sector will bring boost to metal prices.its not TA or FA but a opinion . avoid ferrous metal contracts/stocks . when time comes for long
Sectoral Analysis-Nifty MetalNifty Metal is all ready to make a new ATH.
The chart structure indicates a bounce from strong support trendline and we have seen a breakout today of 9400 level.
Levels to watch are 9600, 9750, 10000++
Keep metal sector stocks in watchlist for quick swing like Vedanta, Hindzinc, Hindcopper.
SAIL i
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Displays a symbol's price movements over previous years to identify recurring trends.
