Watching nifty metal coming out of a triangle and taking resistance by 5180.if it crosses above 5180, we can see a similiar bullishness in every metal stocks. Today showed a small hint. Therby watching jindal steel consolidation after coming out of a triangle just like nifty metal. If nifty metal proves bullish, one can go long on jindal!
Apart from technicals there was news that metal prices would go on hike in the month of june by morgan stanley and thats adding up to the analysis.
Apart from technicals there was news that metal prices would go on hike in the month of june by morgan stanley and thats adding up to the analysis.