Vashisht_CFTe

HINDALCO (BEAR, SHORT TERM)

Short
NSE:HINDALCO   HINDALCO INDS
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
Trade active: In good profits. about 7 rs per lot. Trail SLs to 203.75 and hold
Trade 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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