Pending — not yet graded
Devang Mehta advises caution on the metals sector, stating that the risk-reward is unfavorable for long-term investors due to global dependency and a volatile macro environment, which reduces the margin of safety. While short-term technical bounces of 10-20% are possible, he does not recommend them for long-term portfolios.

Devang Mehta’s track record: 3 graded calls · 95% CI 0–56%

Nifty MetalBearishCalled 17 Mar 2026
Verdict:PENDING

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