VijayBabuA

Metal Index Channel Breakdown

Short
NSE:CNXMETAL   Nifty Metal Index
Metal Index has broken down on weekly chart. it is expected to correct 15% more. let's watch out. individual stocks may perform differently. but higher weightage stocks are making lower lows.

RSI is making lower lows from May, indicating weakness in price. where as price is making higher high's.

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