CNifty Metal Index
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Metal index about to break free

the Index is taking resistance at the channel and Fib extension around 10051 for the past 6 months now. Look at the correction it is hardly anything. This denotes tremendous strength. A monthly close above this zone will open the room for 11500 which is 15% from here and then 14K which is 40% from here. Keep an eye on the heavy weights some of them will go berserk.
Chart PatternsTechnical IndicatorsTrend Analysis

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