Nifty Metal Index
שורט

metal sector looks bearish

In weekly, after a strong uptrend, head & shoulder pattern formed then price broke the neckline and pattern confirmed.

תמונת-בזק

Bolinger band is in downtrend and price is pushing the lower BB downwards.

So we can see selling pressure in metal stocks like tatasteel, hindzinc, welcorp, hindalco, vedanta etc.

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