NIFTY METAL CAN RALLY IF SUSTAINS ABOVE 5627.

Here's the Nifty Metal index with a bullish breakout. The XABCD bearish crab pattern gives the targets mentioned on the chart.

We shall try to pick some of the metal stocks which are showing a similar pattern.

Trade ist aktiv:

Almost reached the target 2.
Be cautious here, we could have a reversal or a pullback soon. Book your profits in metal stocks and wait for the price action.

Trade geschlossen: Ziel wurde erreicht:

Exact reversal from target 2