BSE Metals Index Analysis

BSE Metals Index Analysis. As on 24 Aug 2020. CMP 9,200

A wave (iii) in blue is likely in place at 9,372.  A correction in wave (iv) blue should take price to the 8500 ~ 8,700 level before another rally in wave (v) blue.

Larger count hypothesis remains that price is in wave (D) to the upside.