Business Standard

Page 2 - Nifty Metal

Nifty Metal to be range-bound; Pharma index bullish with need for caution

The Nifty Metal index is likely to oscillate between the levels of 6675 and 6580; a pullback should be awaited in Pharma index, says Ravi Nathani

Nifty Metal to be range-bound; Pharma index bullish with need for caution
Updated On : 03 Aug 2023 | 7:42 AM IST

Nifty FMCG looks weak; Metal index likely to face resistance above 6,600

According to Ravi Nathani, an independent technical analyst, the Nifty FMCG index has near support at 51,750, below which the index can slide to 50,990.

Nifty FMCG looks weak; Metal index likely to face resistance above 6,600
Updated On : 26 Jul 2023 | 7:09 AM IST

Nifty Metal looks weak; sell with stop loss at 6,564, suggests chart

Meanwhile, the Nifty FMCG index is expected to consolidate in the range of 53,971 and 52,484, says Ravi Nathani, an independent technical analyst.

Nifty Metal looks weak; sell with stop loss at 6,564, suggests chart
Updated On : 19 Jul 2023 | 7:13 AM IST

Nifty Metal, Pharma indices exhibit range-bound moves; wait for breakout

Ravi Nathani, independent market analyst shares his trading strategies for Nifty Metal and Nifty Pharma indices; check out

Nifty Metal, Pharma indices exhibit range-bound moves; wait for breakout
Updated On : 06 Jul 2023 | 7:05 AM IST

Key levels on Nifty Metal, Pharma, Energy indices to help plan your trade

According to Ravi Nathani, an independent technical analyst, the outlook for Nifty Metal, Energy and Pharma indices is bullish and hence recommends to buy at CMP or on dips.

Key levels on Nifty Metal, Pharma, Energy indices to help plan your trade
Updated On : 30 Jun 2023 | 7:14 AM IST

Nifty FMCG index could weaken below 51,120; Look to buy metals on dip

According to Ravi Nathani, an independent technical analyst, the bias for Nifty Metal Index is likely to remain bullish as long as it holds above 5,910.

Nifty FMCG index could weaken below 51,120; Look to buy metals on dip
Updated On : 28 Jun 2023 | 7:12 AM IST

Book profits in Nifty FMCG and await clear direction in Nifty Metal index

Nifty FMCG is in the overbought zone, indicating that it is expected to trade sideways or experience a timewise or a pricewise correction, says Ravi Nathani

Book profits in Nifty FMCG and await clear direction in Nifty Metal index
Updated On : 07 Jun 2023 | 7:13 AM IST

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

Nifty FMCG, Auto indices likely to underperform in near-term, show charts
Updated On : 24 May 2023 | 7:43 AM IST

Trading strategy for Nifty Metal, FMCG indices in the short-term

According to Ravi Nathani, an independent technical analyst, in case the Nifty Metal index closes below 5,625 it could weaken further.

Trading strategy for Nifty Metal, FMCG indices in the short-term
Updated On : 17 May 2023 | 7:19 AM IST

Trading strategies in Nifty FMCG, Metal indices

According to Ravi Nathani, an independent technical analysts, the Nifty Metal Index is exhibiting a range-bound trade, whereas the FMCG index presents a 'Sell on rise' opportunity.

Trading strategies in Nifty FMCG, Metal indices
Updated On : 19 Apr 2023 | 7:17 AM IST

Charts show range-bound pattern for Nifty FMCG, Auto indices: Ravi Nathani

According to the technical analyst, charts suggest range-bound pattern for Nifty FMCG, Nifty Metal, and Nifty Auto indices in the near-term

Charts show range-bound pattern for Nifty FMCG, Auto indices: Ravi Nathani
Updated On : 22 Feb 2023 | 7:47 AM IST

Positive trend ahead for Nifty IT, bearish on metal index: Ravi Nathani

As per the technical analyst, the best trading strategy for traders would be to buy Nifty IT either at the current market price or at dips, with a target of 31,500

Positive trend ahead for Nifty IT, bearish on metal index: Ravi Nathani
Updated On : 20 Jan 2023 | 8:47 AM IST

Nifty Auto, Metal indices trading in thin range; here's how to play them

The best trading strategy Nifty Auto index would be to sell near resistance levels until we get close above new high

Nifty Auto, Metal indices trading in thin range; here's how to play them
Updated On : 16 Jan 2023 | 8:08 AM IST

Q1FY23 Preview: Banks to outshine, metals may disappoint, say analysts

Amid weakening consumer confidence and flaring inflation, analysts say that the corporate earnings this quarter will be a mixed bag, with select pockets like banks being the frontrunners.

Q1FY23 Preview: Banks to outshine, metals may disappoint, say analysts
Updated On : 05 Jul 2022 | 12:11 PM IST

Nifty Metal index crashes 16% in May, sees sharpest fall since March 2020

Fall comes on the back of the govt's decision to impose export duty on steel in a bid to cool off domestic prices

Nifty Metal index crashes 16% in May, sees sharpest fall since March 2020
Updated On : 31 May 2022 | 11:39 PM IST

Indian metal stocks surge on Russia-Ukraine war, Nifty metal up 5%

Russia is a major producer of industrial metals such as aluminium and nickel

Indian metal stocks surge on Russia-Ukraine war, Nifty metal up 5%
Updated On : 28 Feb 2022 | 5:09 PM IST

Nifty Metal index surges 3% in subdued market; Hindalco hits record high

Russia produces about 6 per cent of the world's aluminium and accounts for about 7 per cent of global nickel mine supplies

Nifty Metal index surges 3% in subdued market; Hindalco hits record high
Updated On : 28 Feb 2022 | 3:25 PM IST

Market wrap: Sensex slips 143 pts; Nifty holds 17,500; Realty worst hit

Nifty Metal shines; Hindustan Copper gains 6%; Godrej Properties, Monte Carlo Fashions slump 10% each; Vedant Fashions IPO subscribed only 11% on day 1

Market wrap: Sensex slips 143 pts; Nifty holds 17,500; Realty worst hit
Updated On : 04 Feb 2022 | 5:55 PM IST

Nifty Auto, Metal, Media indices hit 52-wk lows on Coronavirus woes

Nifty Metal index tumbled 6.6 per cent to 2,134, while Nifty Media index slipped 5.5 per cent to 1,518, and Nifty Auto was down 4 per cent to 6,662, as against a 3.9 per cent decline in the Nifty50

Nifty Auto, Metal, Media indices hit 52-wk lows on Coronavirus woes
Updated On : 06 Mar 2020 | 11:51 AM IST

NMDC, Tata Steel, Vedanta: What do tech charts indicate for metal stocks?

Tata Steel, Vedanta and SAIL have seen sharp fall in their stock prices in the recent months.

NMDC, Tata Steel, Vedanta: What do tech charts indicate for metal stocks?
Updated On : 14 Aug 2019 | 12:03 PM IST