Metals all set to rally strongly
Nifty 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 right where as RSI fails to detect the reversal. This is where COMPOSITE Index has an edge over RSI.
They have corrected decently and are a very very good buy in my view.
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 right where as RSI fails to detect the reversal. This is where COMPOSITE Index has an edge over RSI.
They have corrected decently and are a very very good buy in my view.
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