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Tata Steel, Vedanta can surge 14%, provided they defy this chart formation

All metal stocks have "Death Cross", and if the current rally shows sustainability, the pullback rally would see added interest, indicate charts.

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metal stocks

Avdhut Bagkar Mumbai
Metal stocks have witnessed robust gains in recent fortnight, with the Metal index outperformed the benchmark indices by rising 13 per cent as against a a near about 5 per cent rally on the BSE Sensex and the Nifty 50. 

Among individual shares, Vedanta rose the most - surging as much as 24 per cent followed by Tata Steel (14 per cent). Others like JSW Steel and Steel Authority of India (SAIL) gained in the range of 7 to 10 per cent. 

Will this bullishness continue or should investors look for exits? To understand this, lets consider technical outlook of