Tata steel, Hindalco, Sail Lool Metal Rally; Is Nifty Metal ready for UNDERY? Here is to sign the technical clues

Metal shares showed steady between wide market weaknesses, and Nifty Metal Index Recover from the key support levels. The indicator is only cheap 1.5 Percentage In the latest adjustment compared to 3.5% fall into Nifty 50 And a sharp termination in the middle of small indices.

Technical indicators suggest that there may be, such as Nifty Metal Index catchers over key levels like Average 100 motion (WMA) at 7 975 and a period of 20 months (MMA) at 8.385. Momentum indicators such as Related power index (RSI) including Mistrevings between Diplence (MacD) And signing to improve feelings. In addition, the index also restored Average 50 days motion (DMA) For the first time since December, emphasizes a good pressure.

Nifty Metal Index: Vital Levels You Can Watch

• The current level: 8,600

• High Power: 7.3%

• Support: 8,385; 7,975

• Resistance: 8,935

The crack above 8.935 (100-DMA) You can open the gates to earn extra points looking up 9,230 (200-DMA). However, failing to support above 8,385 can cause back back.

Views of intelligent technology

Metal

• Current price: Are 139

• High Power: 10.8%

• Support: R3 134

• Resistance: Rs 142; Rs 148

• Technical Support: Trading above its 20-DMA and 50-DMA; coordinate 100-DMA resistance to Rs 142. Cracking can press the stock looking at RS 148-154 levels.

Refuration of Hinglco

• Current price: Rs 651

• High Power: 12.1%

• Support: Rs 599

• Resistance: Rs 661; Rs 685

• Technical Support: The meal above 100-DMA for the first time since November; examination 200-DMA at RS 661. Cracking can increase the meeting to Rs 730.

Sail

• Current price: Rs 113

• High Power: 9.6%

• Support: Rs 109.80; Rs 106.40

• Resistance: Rs 115.70; Rs 121; Rs 123.80

• Technical Support: To try breaking; Closure Rs 111.70 can ensure energy and mobilizing at the Rs 128.

This page Nifty Metal Index and main shares like Tata Steel, Hindalco, and Sail They reflect bullish patterns. If index is supported above Important Support StandardsThe continuity of the part remains so, making metal shares into a space to look at the nearest term terminal.