Expecting 50~70 % correction in metal index over next 2yrs.
Nifty Metal Weekly Breakout CMP 6983 One can start buying metal STOCK ON ANY DIPS Till metal Index is above 6400
In the view of catching the early entry, The metal sector looking good. The levels are mentioned in self explanatory manner. Would update view after some happens. Entry is yet to be done.
Metal Index is in a Weekly Supply Zone and if 6919 Breaks it can give a breakout till 7311. Keep an eye in the coming time on all metal stocks they should be bullish for few weeks.
Metal index is approaching levels from where it has been rejected twice. Will it breakout this time. watch the chart and make ur analysis.
NSE:CNXMETAL viewpoint the metal index is near its previous high one can research good metal stocks for investment metal stocks has potential to give big gains in coming months this analysis is for knowledge sharing and educational purpose . this post is not a buy or sell recommendation.
Metal Index just 4% away from ATH Expect some good Movement in Metal Stocks till Diwali after the ATH breakout.
Sharing my multi timeframe analysis on Metal index, which I believe is a candidate for coming weeks to show some strength On Monthly tf, it has formed inverted bullish hammer in March which is generally a sign of reversal and also looks like a higher double bottom formation near 38 to 50% fibo support zone of the swing from Covid low to Apr'22 high On Weekly...
Analysis Criteria Used: 1. Please find the Chart Analysis done for the NIFTY SECTORS for the upcoming week and the following days 2. The analysis for the Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups Focus On: 1. Always keeping your Risk Management in play 2. Using a Stop Loss; because it is your Best Friend 3. Always...
Metal Index is showing strength on Daily charts & we can see 10% upmove in Index in coming 1-2 Months. Metal Stock should be the Market Performer for next 20-30 days for 10-20% upside move. Top Picks can be Tata Steel JSW Steel HINDALCO Happy Investing to my friends & followers.
Big move expected in Nifty metal 20+% return in 6 Month. Recommended - NMDC, Tata Steel,Hindalco, JSW Steel, Maan Aluminum etc.
Metal Index Above 6000 other metals should come out for good move Jindal Steel JSW Steel Vedanta Nalco Sail Hindalco Vedanta Do teen attempt hogaya one more time 🤞this time it may break the zone
Nifty Metal index trading above 200 EMA. Looks good for upcomming days as almost all major sectors have recovered after the latest Downside rally. Vedl, Hindalco, JSWsteel and Jindalstel are stocks under focus. One can start investing with little portion after breaking 200 Ema and taking pullback. Note - Fib Retracement levels will act as resistance levels.
NIFTY METAL INDEX is coming out of a 2-month consolidation, and its RSI (momentum) has entered bullish zone above 60. Looks time to track metal stocks. Hindalco, Jindal Steel, JSWSTEEL, MOIL, & Welcorp are also breaking out from small consolidations, and RSI entered into bull zone above 60. Only personal analysis. No recommendation.
Nifty Metal is at it's resistance level . IT need to close above it's resistance level of 5830 for futhur upmove to 5900 and 5990 levels . One can follow this chart and play for levels in Nifty metal . Disclaimer : Posts are for educational purposes only ; not any buy or sell recommendations.. Please consult your financial advisor for initiating any trades
nifty metal elliot wave anlaysis daily time frame i plot wave see chart
Seems like those who loved this sector will ask for ur blood " pyar ka ab intahan hoga" 😂 I have also loved this sector as an SIP lover
The Nifty metal waves marked out for TV 1234 and all of you...... I am still warning you all..... be careful.... do not get ROPED into the Metal space........ Dont Cry later...... Let go of this sector if you do not understand the wave counts. Nothing plays out in 1 day.... but this structure WILLLLL play out for sure