Business Standard
Web Exclusive

Tata Steel, JSW Steel: Metal stocks poised for further upside, charts show

Nifty Metal has successfully conquered the 2,500 mark and is set to move towards 200-WMA, which stands at 2,969 levels.

Topics
metals | Buzzing stocks | Markets

Avdhut Bagkar  |  Mumbai 

metals sector, lead, copper, aluminium, steel
For Vedanta, there is a clear resistance of 100-WMA currently placed at Rs 123.50 levels, as per the daily chart.

Shares of most metal companies were trading in the green in the afternoon deals on Monday. In the past month, the Nifty Metal index has risen 13.5 per cent (as of Friday's close) as compared to around 8 per cent gain in the benchmark Nifty50 index, exchange data show.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Mon, November 23 2020. 13:18 IST
RECOMMENDED FOR YOU
.