ShreeKrishna

Long Trade set up

Long
NSE:HINDALCO   HINDALCO INDS
This scrip is in corrective structure , and its very high likely will move up for one more leg before it takes an U turn in the trend , as it is
its very short move to say its turning ,
Its in complex corrective b wave so one can look for buying on daily reversal candle with stop below it and look to book near
the forecast target
I am not looking any down side move form this point of view
Comment: price went to extreme selling , it has two possibility , it will either reverse or continue to move down
But i am not looking for short selling in this scrip as off now

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Quant Trading Firm , Indigenously developed an Program based Trading Software
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