Decoding the Mystery behind Dec 20 Fall - Part 2
2. Nifty Metal - 2nd highest fall among Nifty Peers - 3.82%
Monthly Chart - After a 10+ years BOX pattern BO in 2021, it went higher and formed an Bullish Ascending Triangle and BO was also done
Weekly Chart - After BO the usual retest is happening. Once again - compare the previous weekly RED candles - nothing alarming today and Bullish Pattern perfectly intact
Support around 7170 to 7270 levels
Monthly Chart - After a 10+ years BOX pattern BO in 2021, it went higher and formed an Bullish Ascending Triangle and BO was also done
Weekly Chart - After BO the usual retest is happening. Once again - compare the previous weekly RED candles - nothing alarming today and Bullish Pattern perfectly intact
Support around 7170 to 7270 levels
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