Nifty Metal INDEX has broken out of a long consolidation phase(greater than 200 days of consolidation
6310 is the level if we get a daily close above this a new momentum can be started on the upside.
MACD(the momentum indicator) has also given a breakout.
Strong stock in this index should be on the radar
HINDALCO
NACLIND
TATASTEEL
JSWSTEEL
Disclaimer: educational view
6310 is the level if we get a daily close above this a new momentum can be started on the upside.
MACD(the momentum indicator) has also given a breakout.
Strong stock in this index should be on the radar
HINDALCO
NACLIND
TATASTEEL
JSWSTEEL
Disclaimer: educational view