Page 2 - Nifty Metal Index

Nifty Pharma, Metal: Key levels to watch out on these range-bound indices

According to Ravi Nathani, an independent technical analyst, Nifty Pharma index is oscillating between 15,450 and 15,000; whereas, the Metal index is moving in a range of 6,900 to 6,600.

Trading strategies for Nifty Metal, Energy indices

According to Ravi Nathani, an independent technical analyst, one should await for buying opportunities in Nifty Metal, whereas in case of Nifty Energy one can look for opportunites to sell.

FMCG index may see pullback rally; Metal index ripe for profit booking

In the short term, the Nifty FMCG index's first target range is expected to be between 52,000 and 52,175

Metal stocks shine; Tata Steel, Hindustan Copper, SAIL surge up to 5%

The key steel consuming sectors are expected to perform well in FY24, supported by a rise in infrastructure spend by the Government and gradually improving semiconductor supply

Nifty FMCG, Metal: Guide to plan your trading strategy

According to Ravi Nathani, an independent technical analyst, the Nifty FMCG index seems range-bound, while the Metal index looks bullish.

Jindal Steel, JSW, Vedanta: Nifty Metal dips over 1% on China slowdown woes

Jindal Steel, Welspun Corp, JSW Steel, and Vedanta led the losses, dropping 2 per cent each. NMDC, National Aluminium, Hindalco, Jindal Stainless, Tata Steel and SAIL lost up to 1.5%

Nifty Pharma nears overbought zone after it scales record high, show charts

According to Ravi Nathani, an independent technical analyst, said that Nifty Pharma's recent surge to all-time high signals strong positive sentiment, but proximity to overbought levels needs caution

Nifty Metal, Energy: Here's how to plan your trade

According to Ravi Nathani, an independent technical analyst, the Nifty Energy index is signalling potential correction, while the Metal index remains bullish.

Bias negative for Nifty Metal index; near-term support is at 6,125 level

There is a strong resistance around the 6,525-mark, which suggests that the Nifty Metal index may struggle to surpass this level in the near future

Tata Steel, JSL: Metals can soar up to 11% if index sustains above 6,041

Except Jindal Stainless, other metal stocks require to cross key barrier to rally forward

Nifty FMCG index likely to face stiff resistance at 51,000

Meanwhile, charts suggest that the Nifty Metal index too may be due for a reversal or consolidation, says Ravi Nathani, an independent technical analyst.

Nifty FMCG, Auto indices likely to underperform in near-term, show charts

The Nifty Auto index is expected to underperform in the near future, and the current rally provides an opportune moment to sell the index and its constituents

Charts show bullish trend for Nifty Auto, adopt buy-on-dips: Ravi Nathani

Based on the technical analysis of the Nifty Auto index using near-term charts, it is anticipated that the index may continue its upward trend in the near to short term, said the technical analyst

Metal stocks: A buying opportunity for traders or a deeper fall?

Multiple factors such as containing the global banking crises and China reopening will determine how rocky or smooth is the road ahead

Ravi Nathani recommends to buy IT, FMCG stocks on dips; Avoid metals

With an view to capitalize on a potential technical bounce, the technical analyst advises traders to adopt a buying strategy near the support price.

Adopt 'buy-on-dips' strategy for Nifty FMCG index, suggests Ravi Nathani

According to the technical analyst, the Nifty FMCG index presents a promising opportunity for traders to capitalise on the current bullish trend

Metal index tops the rank of worst performers in Feb, rebound may not hold

Hindustan Copper and Vedanta may fall up to 19 per cent due to their weak chart structures.

Charts indicate bearish trend for Nifty Metal over near-term: Ravi Nathani

According to the technical analyst, charts suggest bullish trend for Nifty FMCG index, while bearish for Nifty Metal index

Here's why Ravi Nathani is bearish on Nifty Auto index in the near-term

According to technical analyst, since the MACD has turned negative, and Parabolic Stop and Reversal has turned bearish, it is advised for traders to adopt sell-on-rise strategy for Nifty Auto index

Traders can adopt sell-on-rise strategy for FMCG, auto shares: Ravi Nathani

According to the technical analyst, he recommends traders to adopt sell side position for Nifty Metal index or wait for bearish correction to culminate before commencing accumulation at support levels