Nifty Metal Index Breaks Out–Jindal Steel, NMDC, Vedanta, SAIL,Nalco

A quick update of some charts from the metal sector.

Disclosure – Biased and Recommended in QuickGains Fno

 

Nifty Metal – A new all time high.

Nifty Metalll

 

SAIL – Triangle Breakout and recent swing highs crossed.

 

SAIL bb

 

NALCO – A long term breakout.

 

NALCO LT

 

Jindal Steel – Above the 10% gap up High.

 

Jindal Steell

 

VEDANTA – Breakout and trying for 52 week highs.

VVedanta

 

NMDC – Out of the OFS pressure ? Momentum above 190.

NMDC

 

There are a couple of long term themes which look interesting.

 

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DISCLOSURE Nooresh Merani

SEBI Registration disclosure – Research Analyst INH000008075   

Financial Interest:
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