HINDALCO -- INTRADAY SETUP -- 15 MIN CHART -- 03/06/2022
>> HINDALCO seen double bottom formation after sharp fall at oversold level .
>> trendline seen breakout above 411 level where we can initiate buy position
>> Histogram seen bullish bar at current level last candle
>> buy above 411 is confirnmation of trend reversal
BUY HINDALCO above 411
target 415-418-422
stop loss 402
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** Trade at own risk
HAPPY TRADING .!
>> HINDALCO seen double bottom formation after sharp fall at oversold level .
>> trendline seen breakout above 411 level where we can initiate buy position
>> Histogram seen bullish bar at current level last candle
>> buy above 411 is confirnmation of trend reversal
BUY HINDALCO above 411
target 415-418-422
stop loss 402
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** Trade at own risk
HAPPY TRADING .!
Note
bought 412.50 9.28 amNote
nifty 16800 seen as resistance 1st 15 min chart intraday !Note
nifty intraday support at 16700-16720 ,Note
hindalco 1st intraday target 415 HIT ...... 10.14 AM -- 03/06/2022Note
nifty support 16700 broken as of now. !
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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.