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Hindalco - Breaking Out from Long Consolidation

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HINDALCO INDUSTRIES LTD. (BSE:HINDALCO)  
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BSE:HINDALCO   HINDALCO INDUSTRIES LTD.
HINDALCO breakout consolidationzone
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hindalco breakout consolidationzone
It is been observed that the price action is breaking out from a long consolidation range, indicating a strong move to upside.

Target: 215

Stoploss: 200
Dagangan aktif
Komen:
stoploss revised at 197 on closing basis.
Komen:
Updating chart and stoploss

snapshot

Stoploss 193.

You may add to your positions around 193-195 levels if it comes down.

Regards
Dagangan aktif
Dagangan aktif:
Hindalco back to 200 levels, shall keep up the momentum.
Dagangan aktif
Komen:
Chart Updates: Hindalco did come down to 61.8% Fibs levels and reverse back to previous resistance levels. Now, a close above 204 levels shall take it further up.

snapshot
Dagangan aktif
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