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SFP RESEARCH

22nd Jun 2025 · SEBI-Registered Analyst

Recent Performance: Current Level (as of June 20, 2025): Around 9,040–9,138, fluctuating within the session. 52-Week Range: The index has traded between a low of 7,690.20 and a high of 10,322.05 in the past year. Recent Trend: The sector has seen some volatility, but has historically shown positive returns in June in most years. Seasonality: Out of the last 14 years, the NIFTY Metal Index has given positive returns in June in 9 years, with the maximum positive change in June being 7.39% (in 2016). Support and Resistance: Technical analysis suggests support around 8,200 and resistance between 8,700–8,800, though current levels are above these thresholds.

#Miscellaneous#MacroViews#EquityResearch#HiddenGems#FundamentalViews
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