PankajNegi
Short

Hindalco - Double top

NSE:HINDALCO   HINDALCO INDS
Hindalco has formed double top on closing basis on daily chart . Short can be initiated below the drawn support line in Red. Possible targets are drawn in Green line.
It has also formed 'Weekly Bearish harami' and 'Three inside down' candlestick pattern.
Comment: Level not executed...
Moved out of the pattern.. Trade closed !

Comments

Nice channel but wrong direction predicted. Just wait for the breakout in any direction in this pattern :)
Reply
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