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ParamjitMahapatro
Dec 10, 2017 9:41 AM

hindalco looks bullish in short term to med term Long

HINDALCO INDSNSE

Description

in weekly, price at trend line support, also hidden bullish divergence seen here,


with sl - 220, tgt - 280

Trade active

till now 263, it is showing lot of strength, in daily, it has broken horizontal resistance and price started pushing upper BB upwards, sign of bullishness.

Trade active

going good, till now 273

Trade closed: target reached

tgt of 280 already achieved here, cheers.

now it is at previous swing high level,

Comment

but I am quite bullish here in longer time frame, price already crossed 2011 peak.

now based on fibo extn long term tgt - 400,
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