RUDRA007

Hindalco good short candidate.

Short
NSE:HINDALCO   HINDALCO INDS
Hindalco spot cmp320

Good short candidate in range 320-325
view gets violated above 330 levels on closing basis
Down side targets of 303-296-291-285

Time horizon 15-20 trading sessions..

Counter have given breakdown from demand zone of descending triangle formation..
RSI have given breakdown,,,

Good short candidate,,,

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.