HINDALCO BEARISH HARMONICS BUT BREAKOUT

HINDALCO BEARISH HARMONICS BUT CAN ATTEMPT BREAKOUT TOO...
CMP 473
shorts in range 488--491 with keeping 504 as closing basis STOP_LOSS
for SHORT TERM TGTs 477 / 466 / 458 / 450

<450 IMPORTANT ZONE FOR BOUNCE OR BREAKDOWN>

IF closes below 450 TGTs 442 / 430 / 410 / STRONG DEMAND AT 380--385 levels..
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IF CLOSES ABOVE 500 FOR 2 DAYS ATLEAST IT WILL BE CONSIDERED AS BREAKOUT FOR:--
537 / 567 / 580 / 590
WITH SL OF 480 closing basis..
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HARMONIC SHORT IN RANGE 595--601
targets and sl will update when short triggers...

Regards...
Keshav..
02/01/2023

Disclaimer:
I am not a SEBI Registered analyst...!!
Charts are made only for study purpose and paper trading... !!

Trade active:

491----478
target 1 done

book or trail as per your greed

breakout above 500

Trade active:

474 low
book or trail as per your greed

breakout above 500

Trade active:

468++ low
near T2
book or trail as per your greed

breakout above 500

Trade active:

466 low
target 2 done

Comment:

consolidating near our target 2
as it is a crucial support zone

Trade closed manually:

target 3 done
655++ low

Trade closed: target reached

Comment:

attempted breakout and hit second target
450-----------570+++++++

Trade closed: target reached:

450---------600
ALL TARGETS DONE AND DUSTED

Comment:

450---------620+ high