ParamjitMahapatro

metal sector looks bearish

做空
NSE:CNXMETAL   Nifty Metal Index
In weekly, after a strong uptrend, head & shoulder pattern formed then price broke the neckline and pattern confirmed.


Bolinger band is in downtrend and price is pushing the lower BB downwards.

So we can see selling pressure in metal stocks like tatasteel, hindzinc, welcorp, hindalco, vedanta etc.
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