Nifty Metal - Breakout Setup, Move is ON...#CNXMETAL trading above Resistance of 11523
Next Resistance is at 15060
Support is at 9968
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where index may find resistances) and support (close below which, setup will be invalidated) are clearly de
Nifty Metal Index
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Nifty Metal - Breakout Setup, Move is ON...#CNXMETAL trading above Resistance of 8747
Next Resistance is at 11523
Support is at 6740
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where index may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Nifty Metal Index- Momentum is turning positive📊 Nifty Metal Index -Momentum is turning positive with strong follow-through.
🎯 Target: 11,600
🛑 Stop-loss: Below 10,333
If metals sustain above the breakout zone, the move can extend fast.
Keep an eye on volume confirmation.
#NiftyMetal #MetalStocks #SwingTrading #TechnicalAnalysis #IndianMarket
NIFTY METAL BREAKS THE CEILING 02-01-2026Decisive Breakout :
Nifty Metal has cleanly broken above the 10,250–10,300 resistance zone, a level that previously capped advances. The weekly close near 11,400+ confirms genuine breakout strength, not a false move.
Multi-Timeframe Confirmation:
Monthly chart shows a sustained series of higher
Saturn Retrograde Effect in The Metal SectorFriends, Metals are the hidden framework beneath India's buildings, bridges, railways, and factories. Whenever you see steel girders in a city skyline, aluminum window frames in a modern apartment, or copper wiring in a house, you are seeing metal at work.
This industry is broadly divided into ferr
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Displays a symbol's value movements over previous years to identify recurring trends.









