HINDALCO - At the verge of breakout soon

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It is hovering at the pre pandemic resistance levels. Resistance at 202 has been tested once and rejected at the breakout level. In my opinion it may test the resistance one more time before the breakout happens. If this follows the lower trend line in my opinion the breakout is certain around the last week of september 2020. If during now and sep last week its touches 202 two more time the breatout would be immediate on the following.day.

Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK.I m not your financial advisors. Risk it for the biscuit.

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