HINDALCO (BEAR, SHORT TERM)
Updated
Chart: 2HR
RSI: Bearish divergence
Channel: Upper end
A 6% drop can be expected.
Use your own SL levels (prefer), if confused follow the mentioned levels.
CMP: 207.2
Expected Level: 194.55
SL: 219.85
(This is only my opinion, not financial advice. Consult your financial advisor before making any decision based on it)
Animesh Vashisht, CFTe
RSI: Bearish divergence
Channel: Upper end
A 6% drop can be expected.
Use your own SL levels (prefer), if confused follow the mentioned levels.
CMP: 207.2
Expected Level: 194.55
SL: 219.85
(This is only my opinion, not financial advice. Consult your financial advisor before making any decision based on it)
Animesh Vashisht, CFTe
Trade active
In good profits. about 7 rs per lot. Trail SLs to 203.75 and holdTrade closed: target reached
Expected Target was 6.1052 % (From 207.2 to 194.55)Actual Target achieved was 5.5% (From 207.2 to 195.85)
Profitable trading in Hindalco. People following the script can figure out more. People taken out by trailing SL ended profitably also.
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