HINDALCO : Cup and Handle Breakout

A cup & handle Breakout in conjunction with Triangle Pattern Breakout

Retest is pending for the triangle pattern breakout.

Hindalco is moving based on the support line support for long.

Waiting for a retest to enter with SL below
closing of the support TL

One can enter now as well with 50 % qty just not to miss the trend for targets of 510/550/630.

DISC: Only for educational purposes. please consult your financial advisor before entering.

Dagangan aktif:

Retest Entry done at 432.

Komen:

As the major resistance is crossed the SL can now be trailed to cost at 432 on closing basis.

Komen:

Near to Round number target of 500 level. One can book about 50 % here and can wait for the rest.

Dagangan ditutup: sasaran tercapai:

508 reached against the target of 510. Booking full profit here. 18% gain almost.

Komen:

All targets till 630 reached.