this_is_shoaib

Hindalco breakout buy above 469

Long
this_is_shoaib Updated   
NSE:HINDALCO   HINDALCO INDS
Hello traders, the last stocks are performing well in this short time bullish market for now.

Hindalco has given breakout above 460 levels and the volume shows institutional activity so I'll consider this a high probability trade.
It is also a ascending triangle breakout, so it gives us another bullish trend confirmation.

Buy above - 469
Targets mentioned in the chart above.

Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.

Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.

Trade closed: target reached:
Target 1 hit. Trail for more. Late update.
Godspeed
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.