HINDALCO -- Daily Trendline Breakout
Updated
HINDALCO --DAILY TRENDLINE BREAKOUT --CHART SETUP
1. Hindalco seen Daily trendline breakout at last closing session .
2. currently stoock trading at upper channel higher high and higher low formation seen on daily chart after sharp fall towards 320 sub level .
3. channel support seen at 360 sub level and resistance at 480 level of channel .
4. trix line seen crossover at center line ( o line ) and move at upword direction which is bullish signal
5. one can buy at 400-405 level for positional target 425-450-480 + ( 1-2 Month ) Stop loss can place bellow channel support at 355
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk.!
HAPPY TRADING . !!
1. Hindalco seen Daily trendline breakout at last closing session .
2. currently stoock trading at upper channel higher high and higher low formation seen on daily chart after sharp fall towards 320 sub level .
3. channel support seen at 360 sub level and resistance at 480 level of channel .
4. trix line seen crossover at center line ( o line ) and move at upword direction which is bullish signal
5. one can buy at 400-405 level for positional target 425-450-480 + ( 1-2 Month ) Stop loss can place bellow channel support at 355
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk.!
HAPPY TRADING . !!
Note
target 1- 425 achieved on 04/11/2022Note
target 2 --450 HIT ...9.25 am --14/11/2022Note
well Hindalco HIT Positionl final target 480 as on 05/12/2022HAPPY TRADING. !!
Note
HINDALCO --resistance breakout on the way above 480 today . if 15/ 1 hour candle close above 480 then next target extended to 500-520 . 30-12.2022Note
HINDALCO HIT --extended target Positional target 500 today -- 18/01/2023 Next target 520 .
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