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Wednesday, May 3, 2017

May is the month of high Volatility



Metal sector levels



Hindzinc 


Support at 266 and Resistance at 272



Jindal Steel

Support at 109 and Resistance at 115.50




Hindalco


Support at 199 and Resistance at 205



Tata Steel


Support at 440 and Resistance at 455




National Aluminum


Support at 66.50 and Resistance at 70.00



Coal India


Support at 274 and Resistance at 279

Break and close below support level will see sharp downside panic in it. 



Hurdle will be your stop loss.... Trade safely with minimum quantity as you all know that May is the month of volatility












More will update soon!!