These 3 NSE Metal stocks can extend gains amid China stimulus; hint charts

Quick Summary:

Hindalco, SAIL and Hindustan Copper seem to be favourably placed on the technical charts and can potentially rally up to 13 per cent from present levels; check key support and resistance levels here.

On the upside, the stock can potentially rally to Rs 828; with interim resistance seen at Rs 783 and Rs 800.

As such, the near-term bias shall remain positive as long as the stock holds above Rs 1,006.

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Article Details

Category: BusinessFinance

Markets: IndiaChina

Topics: Jsw steel Steel stocks Market trends Markets today Technical charts Metal stocks Market outlook Metal stock trading strategies Hindustan copper China stimulus Stocks technical analysis Share market Metal stock list Metal stocks Hindalco

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Article Type: News Report

Published On: 2024-09-30 @ 14:22:21 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 644 words

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Sentences: 33 lines

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Copyright Owner: © Business Standard

News ID: 22785321

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