Metals stocks are thriving due to strong economic data and global trends. Experts believe the rally will continue, with bullish outlook on Hindalco, Tata Steel, and Coal India.
Jindal Steel & Power s technical signals align with Nifty Metal index. Support at Rs 904 levels, resistance near 945. Fib Extension predicts target of Rs 965. Deven Mehata suggests Bull Call Spread for profit from gradual rise.
Short Call: Mixed bag for specialty chem, the case for steel, Indus Tower, IOC, Five Star in focus moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
Vishal Malkan discusses market trends, stock selections, and potential breakouts in various sectors. He emphasizes the importance of chart analysis for identifying breakout levels and volume trends, suggesting potential price targets for specific stocks.