aakashsawant53

hindalco in channel

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NSE:HINDALCO   HINDALCO INDS
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.
Komen:
price below the channel lower line.
if closes below the lower trend line then can take short position tomorrow
Dagangan aktif
Komen:
price is bouncing from 198 level.. which was expected.
should not book the profit. price will continue moving downward. eventually
Komen:
place a stop loss of 208.50 for a entry price of 209

Penafian

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