The positive chart pattern like higher tops and bottoms is intact as per the daily chart and Thursday’s swing high of 19,875 could be considered as a new higher top of the sequence. Hence, any decline from here could open a possibility of higher bottom formation around 19,600 -19,550 levels in the coming sessions, said Nagaraj Shetti of HDFC Securities.
Metal stocks rise up to 17% after 5 monthly declines. But trend sustainability will have to pass through Trump tariff test
Metal stocks have surged up to 17% in a month, outperforming Nifty, driven by a weaker dollar and Chinese stimulus. However, US tariffs on steel
March 11, 2025