Monday, 7 May 2018

Metal stocks are bouncing ? sell/buy

Can we short metals stock,  Tatasteel, Hindalco, Vedl, Jindal steel,   I feel it is time to talk calculated risk,  the bounce look like dead cat bounce, if nifty sell off, the first one will come down is metals. 

I feel ,  it is not adivse to go long as of now,  but shorting can be done in the metal counter through put option.

ZT

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