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PankajNegi
Jan 22, 2017 4:48 PM

Hindalco - Double top Short

HINDALCO INDSNSE

Description

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