Gautam Shah reiterates a bullish stance on metals, calling it one of the strongest emerging multi-year themes in both Indian and global markets. He sets a working target for the metals index at 12,000, with 15,000 achievable over the longer term, driven by improving fundamentals and supportive global cues.

Gautam Shah’s track record: 5 graded calls · 95% CI 4–62%

Nifty 50BullishCalled 20 Jan 2026Graded 19 Jul 2026
Verdict:MISS

Nifty 50 decreased from ₹25157.50 to ₹22512.65, a drop of 10.51%, which contradicts the bullish stance.

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