HINDALCO INDUSTRIES LTD
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hindalco in channel

74
price closing below the channel will result in moving of hindalco price near the support (green line)
there is a divergence between volume accumulation and price. indicating high probability of breaking the channel in downward direction.
Nota
price below the channel lower line.
if closes below the lower trend line then can take short position tomorrow
Dagangan aktif
Nota
price is bouncing from 198 level.. which was expected.
should not book the profit. price will continue moving downward. eventually
Nota
place a stop loss of 208.50 for a entry price of 209

Penafian

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