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Nifty Metal Index

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

Metal stocks: A buying opportunity for traders or a deeper fall?
Updated On : 20 Mar 2023 | 10:39 PM IST

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.

Ravi Nathani recommends to buy IT, FMCG stocks on dips; Avoid metals
Updated On : 14 Mar 2023 | 8:14 AM IST

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

Adopt 'buy-on-dips' strategy for Nifty FMCG index, suggests Ravi Nathani
Updated On : 09 Mar 2023 | 8:38 AM IST

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.

Metal index tops the rank of worst performers in Feb, rebound may not hold
Updated On : 01 Mar 2023 | 11:50 AM IST

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

Charts indicate bearish trend for Nifty Metal over near-term: Ravi Nathani
Updated On : 01 Mar 2023 | 8:02 AM IST

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

Here's why Ravi Nathani is bearish on Nifty Auto index in the near-term
Updated On : 15 Feb 2023 | 7:49 AM IST

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

Traders can adopt sell-on-rise strategy for FMCG, auto shares: Ravi Nathani
Updated On : 08 Feb 2023 | 8:14 AM IST

Ravi Nathani recommends placing bearish trading bets on Nifty Metal index

According to the technical analyst, the Nifty FMCG index is gyrating in a 1,000-point range, a breakout from the same could trigger a fresh trend.

Ravi Nathani recommends placing bearish trading bets on Nifty Metal index
Updated On : 01 Feb 2023 | 6:38 AM IST

Metals eye up to 15% gain amid China reopening, likely capex push in Budget

Over half of the stocks in Nifty Metal Index are trading with a bullish sentiment ahead of Budget 2023,

Metals eye up to 15% gain amid China reopening, likely capex push in Budget
Updated On : 24 Jan 2023 | 11:51 AM IST

Ravi Nathani is bullish on auto shares; bearish on metals, PSU banks

According to the technical analyst, the Nifty Auto index can rally to 13,050 - 13,160 levels.

Ravi Nathani is bullish on auto shares; bearish on metals, PSU banks
Updated On : 24 Jan 2023 | 8:03 AM IST

Citibank upgrade lifts metal stocks; Nalco and SAIL shares gain

The BSE Metal Index rallied 1.5 per cent, outperforming the benchmark Sensex which rose 1.41 per cent

Citibank upgrade lifts metal stocks; Nalco and SAIL shares gain
Updated On : 09 Jan 2023 | 10:32 PM IST

Bears likely to get stronger below 17,960 on the Nifty, says Ravi Nathani

On the upside, the technical analyst sees 18,336 as the key resistance for the Nifty 50.

Bears likely to get stronger below 17,960 on the Nifty, says Ravi Nathani
Updated On : 05 Jan 2023 | 8:07 AM IST

Jefferies turns 'positive' on Indian metals on easing Covid curbs in China

The change in stance comes after almost a year of cautionary view. The Nifty Metal index advanced over 2 per cent while shares of Tata Steel surged nearly 6 per cent

Jefferies turns 'positive' on Indian metals on easing Covid curbs in China
Updated On : 03 Jan 2023 | 12:32 AM IST

Tata Steel, Hindalco: Golden Cross breakout can trigger bull-run in metals

The Nifty Metal index seems to be eyeing a new historic peak at 6,900-level; Thus, select stocks from this space could rally up to 15 per cent on their respective breakouts.

Tata Steel, Hindalco: Golden Cross breakout can trigger bull-run in metals
Updated On : 30 Nov 2022 | 12:27 PM IST

Metal stocks: Will export duty rollback help?

India has decided to remove export duty on steel, and steel making raw material. While industry has welcomed it, analysts do not see any benefit in the near term. How will related stocks be impacted?

Metal stocks: Will export duty rollback help?
Updated On : 22 Nov 2022 | 11:13 AM IST

Vedanta, JSW can soar up to 18% as Nifty Metal eyes 'Golden Cross' breakout

The Nifty Metal index can rally up to 11 per cent following the breakout. Among individual stocks, Tata Steel needs to conquer its 200-DMA to gain strength.

Vedanta, JSW can soar up to 18% as Nifty Metal eyes 'Golden Cross' breakout
Updated On : 10 Oct 2022 | 12:42 PM IST

Should you fret over the recent market sell-off? Here's what charts suggest

Sensex has shrunk 1,372 points or 2.29 per cent to 59,015 and Nifty50 shed 425 points or 2.3 per cent to 17,561 so far from their recent highs

Should you fret over the recent market sell-off? Here's what charts suggest
Updated On : 22 Aug 2022 | 1:23 PM IST

Are metal stocks bottoming out as China pushes for a stimulus package?

Until major hurdles are not conquered by Metal index, the turnaround scenario may fade sooner

Are metal stocks bottoming out as China pushes for a stimulus package?
Updated On : 08 Jul 2022 | 12:38 PM IST

Base metal companies line up Rs 1.14 trillion capex as demand rises

Host of sectors pushing up need for metals; capital outlay significant by firms, say experts

Base metal companies line up Rs 1.14 trillion capex as demand rises
Updated On : 11 Jun 2022 | 12:56 AM 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