NIFTY METAL

NSE

CNXMETAL

One can look for Buying on reversal in Metal Scrips , its high likely will make an sharp pull back , Look for buying and book on trailing stop basis

Bullish Butterfly pattern on Weekly Chart of CNXMETAL. Good Buying opportunities in the metal sector around 2500 levels.

bullish metal shark

Melting metal

Its moving weak , you can look this as Regular flat in case it makes a move on 1st forecast and turns , if it continue then You can expect this to form in to Expanding flat after this move i am looking one final drop ( down side move ) before the start of new Impulse leg up

follow

SELL ONCE THE SUPPORT IS BROKE REFER CHART FOR DETAILS

METAL NIFTY BULLISH FNP BREAKOUT..

2 years ago in Feb 2016 , Nifty and Nifty Metal did bottom out together after that a year later, in Jan 2018 Nifty and Nifty Metal both made a top as well. Since then Nifty Metal is underperforming compared to nifty, while nifty climbing back to new highs, Nifty metal is just started advancing month ago. Current rally in metal index is showing strength but need...

CNXMetal flag

Nifty Metal shooting up side after forming doji exactly at fibonacci level Short term Metal might perform well

Short Tg 2725/2677/2617/2457/2316

support zone.

will we see a possible reversal from 50% retracement !! thats a inverted C&H and its failure will result into 4K levels !!! to be seen

heading south

Have a cautious look. These black lines are resistances. will metal continue to shine or will it loose its lustre.. waiting for any pattern if gets formed.

Nifty metal

See Chart