@nirav5, (6th Jan2017) O!!! Nirav- I guess I missed this one due to hectic schedule apart from the passion, I have to keep my job- Well-coming back to the analysis--bounce back from 147 came to 162 today--no issues -we will get another trading opportunity below 147. Shall be doing a new update in a short while from now. Regards
@AbhishekHSinghCMT, It was my update, sir. I had observed a parallel channel for Hindalco on daily chart (valid from Feb 2016) and currently the candle is near the lower part of the channel. I was expecting a bounce back today. But it didn't happen at the same time the channel pattern was not violated.
Hope to see a bounce back tomorrow!