| NSE Metal Sector Index Scrips | 15Jan21 Chart Strength | 24Aug17 Chart Strength |
| APL Apollo Tubes | 2 | 7 |
| Coal India | 15 | 14 |
| Hindalco Industries | 6 | 5 |
| Hindustan Copper | 5 | |
| Hindustan Zinc | 10 | 10 |
| Jindal Steel & Power | 1 strongest | 8 |
| JSW Steel | 4 | 3 |
| Mishra Dhatu Nigam | 13 | |
| MOIL | 12 | 12 |
| National Aluminium | 7 | 9 |
| NMDC | 11 | 13 |
| Orissa Minerals Development | 15 | |
| Ratnamani Metals & Tubes | 8 | 6 |
| Steel Authority of India | 9 | 11 |
| Tata Steel | 3 | 1 strongest |
| Vedanta | 2 | |
| Welspun Corp | 14 | 4 |
| Above 200-dma | 93% | 80% |
- Stocks trading above 200 day moving average
Shares are shown in blue colour - Stocks trading below but close to 200 day moving average
Shares are shown in orange colour - Stocks trading much below 200 day moving average
Shares are shown in red colour
Nifty Metal Sector Trend
Nifty Metal Sector Index is trading above 50-day and 200-day moving average.
Out of 15 Nifty Metal Index stocks 14 are trading above 200-dma.
That means 93% of Metal stocks are trading above 200-dma.
There is improvement in price of commodities in the recent times.
Weakness in US dollar could be the reason.
The price of metals, minerals and crude oil have moved up steadily.
Outperformers: Jindal Steel & Power, APL Apollo Tubes, Tata Steel, JSW Steel, Hindustan Copper.
Underperformers: Coal India, Welspun Corp, Mishra Dhatu Nigam, MOIL.
Related topics
Metal
Public Sector Undertakings – Metal & Mining