Nifty 50 and it's major indices are falling and the correction is expected to continue over the next few weeks.
However, there is one sector which looks resilient and that is the Metal Space.
While the sentiment may not be super Bullish, as per my analysis, we can expect this space to consolidate over the next couple of months and then give a Bullish move.
As you can see from the chart, the sector is consolidating and not in a vertical decline like the other sectors. So watch out for this space.
In fact, Heavyweights like Hindalco and TATA Steel are already showing Bullish momentum.
However, there is one sector which looks resilient and that is the Metal Space.
While the sentiment may not be super Bullish, as per my analysis, we can expect this space to consolidate over the next couple of months and then give a Bullish move.
As you can see from the chart, the sector is consolidating and not in a vertical decline like the other sectors. So watch out for this space.
In fact, Heavyweights like Hindalco and TATA Steel are already showing Bullish momentum.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。