NIFTY METAL INDEX is coming out of a 2-month consolidation, and its RSI (momentum) has entered bullish zone above 60. Looks time to track metal stocks.
Hindalco, Jindal Steel, JSWSTEEL, MOIL, & Welcorp are also breaking out from small consolidations, and RSI entered into bull zone above 60.
Only personal analysis. No recommendation.
Hindalco, Jindal Steel, JSWSTEEL, MOIL, & Welcorp are also breaking out from small consolidations, and RSI entered into bull zone above 60.
Only personal analysis. No recommendation.
Raju KMS Datla
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