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HINDALCO INDS - Symmetrical Triangle Pattern!!

NSE:HINDALCO   HINDALCO INDS
HINDALCO INDS

#HINDALCO has formed a symmetrical triangle pattern in 30 mins chart and is moving in a narrow range now.

RSI is sideways at 50-level.
ADX is in a choppy zone.
TT2 trend is BULLISH in 30 mins.

If the price gives am upper breakout @150.40 with volume and conviction, the next resistance on the charts is 152.5/154.5. Nearby support is 147.5.

If the price breaks below @ 147.50, the next support is 143.90/141. SL 150.25.

KEEP AN EYE!!

***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.

-
Gurpreet Rainu
Mob - +91 9999 504 500
TELEGRAM - https://t.me/tradingedgeacademy
PAID CALLS - https://front.page/te-charts

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