Nifty Metal, FMCG approaching key support levels; trading strategy here

Quick Summary:

The Nifty Metal Index has been experiencing a downward trend in the near term, as indicated by the recent sharp correction.

The Nifty FMCG Index has also witnessed a sharp decline in the near term, reflecting a downward trend on the charts.

Both the Nifty Metal and Nifty FMCG indices are approaching key support levels after recent sharp corrections.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Buy BSE Sensex Stock market today Share market Nifty Stocks Nifty Metal Stock Calls Stock Call NSE Nifty50 Shares Nifty FMCG Sell Markets Trading strategy

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 06:53:48 (11 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 506 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23112875

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Main Topics: BusinessFinance

Official Website: business-standard.com

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Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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