HINDALCO BEARISH HARMONICS BUT BREAKOUT

Sep 2, 2023

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..
---------------------------------------------------------------------------------------------------------------------
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..
---------------------------------------------------------------------------------------------------------------------
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... !!

Sep 5, 2023

Trade active

491----478
target 1 done

book or trail as per your greed

breakout above 500

Sep 6, 2023

Trade active

474 low
book or trail as per your greed

breakout above 500

Sep 8, 2023

Trade active

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

breakout above 500

Sep 27, 2023

Trade active

466 low
target 2 done

Oct 5, 2023

Note

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

Oct 25, 2023

Trade closed manually

target 3 done
655++ low

Oct 25, 2023

Trade closed: target reached

Dec 21, 2023

Note

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

Dec 27, 2023

Trade closed: target reached

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

Jan 13

Note

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

Jul 17

Note

450------714+