Like many other metal stocks, this one too is at a critical support. The nifty metals index and many other high weightage stocks too are at similar critical levels.
Be cautious as markets are choppy..
If it takes support at these levels can go long, else the more logical move to wait for because almost the entire sector is weak is short below support.
PS: Used a weekly chart even though the week is not over just to keep the chart clean.
Be cautious as markets are choppy..
If it takes support at these levels can go long, else the more logical move to wait for because almost the entire sector is weak is short below support.
PS: Used a weekly chart even though the week is not over just to keep the chart clean.