BC METALS

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Dare2Dream
@Dare2Dr10109801 2 years, 11 months ago 709 views

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#NiftyMetals this correction is healthy. Gap of 7th May filled. May test 5019 levels. Bullish above 5400 levels again.

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Dare2Dream
@Dare2Dr10109801

#BHEL 57 to 73 in 4 trading days🛩️🛩️.
Around 73 / 74 - is the first target - next targets around 110.
Remember :Keeping a stop is always important if one is trading.
@caniravkaria https://t.co/ViHbzJTfQ6

#BHEL looks good for targets of 74+ https://t.co/jrRyXc5FLL pic.twitter.com/KWkzeHSs0D
— Dare2Dream (@Dare2Dr10109801) May 6, 2021

Dare2Dream
@Dare2Dr10109801

#Metals Expecting metals to do well from here. I am marking two levels, first one is bullish above, second one is a weekly closing stop for long trade. Posted about metals earlier as well, so just an update

#TataSteel 1483/1367 #JSWSteel 733/664 #SAIL 128/112 #Nalco 86/71 https://t.co/ENmCqITEmA

Could be time to book out of large cap IT, if #Dxy continues to correct, fund flow could again chase risky assets #Banks #metals #midnsmall caps.

Just my observation.

Below todays lows on small cap index could be game over for now. But looks like a ABC corrective done
— Dare2Dream (@Dare2Dr10109801) August 23, 2021

#Hindcopper 150/109 #Hindalco 450/399 #Vedl 307/260 #Hindustanzinc 345/293

#GPIL 1420/1084 #Sardaenergy 747 / 614 #JindalPowerSteel 428/357

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Dare2Dream
@Dare2Dr10109801

#AlkylAmine - the stock above 5990 could be a break out for levels of 9000 from here.

Dare2Dream
@Dare2Dr10109801

#HappiestMinds above 1464, the stock could present a good entry point. Needless to say, SL is a must for all trades.

Dare2Dream
@Dare2Dr10109801

#ThomsonReutersCommodityIndex Need a weekly close above 222 for a BO and bigger rally to resume in #commodities

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Anand Luhar
@anand_luhar

#DOW JONES IRON & STEEL

Techno Prince
@Trader_souradep

#NiftyMetals daily chart with indicators and relative study of Nifty metal components in 15 min, hourly & Daily time frame
Nifty metal inspite of strong correction seems maintaining uptrend till above 4850 (daily mid bol) & RSI 50+
#Nalco #Tatasteel #Vedl #NMDC outperform ..cntd

#NiftyMetals in 15 min, hourly and daily time frme.

If Nifty metal turns around #NMDC , #Vedl #TataSteel & #NMDC can be most strongest among peers

Not a trading call, academic post

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Dare2Dream
@Dare2Dr10109801

#NiftyMetals what happens next?
@nishkumar1977 @caniravkaria

Nigel D'Souza
@Nigel__DSouza

In Past 1 year various Commodities & Chemicals have spiked & fired up quite a few stocks 🔥

Let’s look at how the stocks have performed vs the commodity / chemical price move from May 2020 - May 2021 🚀

Listing down a few points on each in the below thread 👇

Steel +80%

JSPL +303%
Tata Steel +300%
JSW Steel +334%
SAIL +340%

✔️Strong Chinese demand & focus on reduction in carbon emissions.
✔️Domestic Steel prices still at a 15% discount vs imported
✔️Top 5 Cos increased market share
✔️Cos continue to deleverage their balance sheets

Gold 12%

Muthoot Finance & Manappuram Finance +50%

✔️Increased loan book growth as they lend more & get operating leverage
✔️Reduced auctions of pledged Gold = less NPAs
✔️RBI relaxed LTV for gold financiers to 90% from 75% = level playing field for Banks & NBFCs

Silver & Zinc +50%
Lead +35%

Hindustan Zinc +120% [only silver play in 🇮🇳]

✔️Silver contribution EBITDA likely to hold above 25% vs historic 15% to 20%
✔️Silver gets a higher multiple (10x EV/EBITDA) vs Zinc-Lead (7x EV/EBITDA)
✔️Healthy cash balance & solid dividend paying

Copper +80%

Hindustan Copper +700%

✔️Only direct beneficiary of rising Copper prices
✔️Hindalco & Vedanta exposure is limited to ‘TcRc margins’
👉TcRc: Treatment Charge and Refining Charge

👉Need to note that: GOI + LIC + Institutions hold 90% in co so float is limited

Nishant Kumar
@nishkumar1977

#BSEMetals 18330

Just a wave 4 consolidation after a fierce wave 3 move

18000 zone would provide good

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