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MakarandK

CNXMETAL 1W: A Strong sector - Boiled for giving fresh BO.

Long
Nifty Metal Index (NSE:CNXMETAL)  
MakarandK  
NSE:CNXMETAL   Nifty Metal Index
Chart Patterns CNXMETAL
2
0
chartpattern cnxmetal
CNXMETAL 1W: This is a sector which remained sideways during recent market correction and in return formed a flag pattern. It is also in Wave 5. Appears RSI has given BO before price and MACD is ready for +Ve crossover. ADX is indicating trend is strong. Hence, this sector has steam to post another 10-15% upside in coming few days. Accumulate on all dips to maximise gains.
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