Nifty Metal Index
Long

CNXMET : Nifty Metal index shows the sign of recovery

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While most sectors in Indian market are still in down trend, Nifty Metal index(CNXMET) shows signs of trend reversal. This is a positive sign in at least one of the Indian sectors.
snapshot


Note: It is always a risk to go against the larger market trend, Nifty and Sensex are still in down trend. This analysis is for eduacational purposes only, do not trade based on this study.

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