Bounce-back possible in metals: Maia Financial Services

How are metals looking on the charts because on the F&O side we are seeing some build up of long positions?

Metals again are looking oversold technically in terms of intermediate as well as short term oscillator. So a bounce back is possible in companies like Tisco, Steel Authority of India or you can look at Hindalco. So these are the companies where we can expect some sort of a bounce back. The trend may be down but the bounce back is definitely possible which traders can encash on.