AbNamjoshi

Nifty Metal Index.

NSE:CNXMETAL   Nifty Metal Index
CNX Metal index is in the consolidation mode since many month's. 6300 is very important level for this index. If it gives a weekly closing above 6300, then we can expect a huge up move in the Metal stocks. It will be a bad sign for common people as all the commodity rates will sky rocket. Keep an eye on Tata Steel, JSW Steel, Hindalco etc.
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