Stock is at a critical level, will it breakout or breakdown like it has in previous years at this level? Keep your eyes on the charts and follow me on tradingview/twitter to find out!
Don't get easily fooled by the positive news for metal stocks post budget, here is the weekly chart of Nifty metal! Sideways action since the initiation of the index! Now if you are good at catching tops n and bottoms of the market you can go ahead and trade it, but even Hedge fund managers have a tough time doing this so good luck 😉
orange line is Stop Loss and Entry is 3600. Good weekly chart and price actions look good on daily too.