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NeeteshJain
Jul 13, 2017 10:01 AM

Hindalco - Bullish Formation (Breaks Strong Resistance) Long

HINDALCO INDUSTRIES LTD.BSE

Description

It is been observed on the daily chart that the price action breaks above the crucical and important resistance levels and shall further move up from current levels. It also created a bullish inverse head and shoulder pattern.

Target: 210

Stoploss: 200

Trade active

Comment

Moving up in good momentum, 207 now

Trade active

Trade closed: target reached

Target reached successfully. Thanks
Comments
imdbeststocktrader_
Important thing is to pick up good quality stocks and you are good at it. Keep up the good work.
NeeteshJain
@imdbeststocktrader_, Thanks mate, learning and experiencing along the way. Thanks
nilay.mishra71
slow and steady wins the race
NeeteshJain
@nilay.mishra71, Yes, it works out well for me, hope it does the same for you. Thanks
padiyara
Eagerly waiting for your new postings.
Thank you
NeeteshJain
@padiyaraa, Yes, I shall updating it soon. Thanks
TradeRacer007
thanks
raj.zing
@NeeteshJain, I have 4 lots from 196 onwards. Sold off one at 204 and holding the remaining for a target of 207. Your views gives me more conviction. Thank you.
nirav5
Thanks for identifying it.
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