HINDALCO --- INTRADAY SETUP -- 03/06/2022

HINDALCO -- INTRADAY SETUP -- 15 MIN CHART -- 03/06/2022

>> HINDALCO seen double bottom formation after sharp fall at oversold level .

>> trendline seen breakout above 411 level where we can initiate buy position

>> Histogram seen bullish bar at current level last candle

>> buy above 411 is confirnmation of trend reversal



BUY HINDALCO above 411

target 415-418-422

stop loss 402



** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** Trade at own risk

HAPPY TRADING .!

Komen:

bought 412.50 9.28 am

Komen:

nifty 16800 seen as resistance 1st 15 min chart intraday !

Komen:

nifty intraday support at 16700-16720 ,

Komen:

hindalco 1st intraday target 415 HIT ...... 10.14 AM -- 03/06/2022

Komen:

nifty support 16700 broken as of now. !