46232eda171f4530b5d737a4d6473d

Monthly Swing Trade In Metal Sector

NSE:CNXMETAL   Nifty Metal Index
Sector has created a bottom and broken the structure. Will likely rally up to last month's high in this month. CNXMETAL

SL @ 4828
TGT @ 5460
코멘트:
Setup used is the same as that of the Bank Nifty trade I had posted earlier this month. Check that out too.
코멘트:
Trail SL near about to entry level. We will not lose money on this trade now.

I had preferred HINDALCO as it follows the metal index and it is in good M2M profit. SL @365 now.

If anyone entered in VEDL, it is weaker because last month was a strong bearish candle closing so reversal might take longer.
거래청산: 타겟 닿음:
Target reached in the sector. Trailed Hindalco SL to 393 and will hold till 420 at least.
거래청산: 타겟 닿음:
Exited Hindalco @422
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