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Alpha India Late Economic - Best Performer Indian Metal Stocks

Orpheus Capitals, Sep 2011, Pages: 6


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The chart below illustrates the ranking of the top three best performer Indian metal stocks among the CNX 500 stocks. These are JINDAL STEEL, BHUSAN STEEL and SESA GOA. Today’s Alpha India report carries technical cases on the respective metal stocks. The market bias is positive for the day, as we are looking at an ongoing correction up. However, the correction should complete near the highlighted resistances at 5,200 levels, after which the preferred intermediate negativity should continue.



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