ms555
Long

Hindalco On verge of breakout(High Risk)

NSE:HINDALCO   HINDALCO INDS
121 views
5
Hindalco is in verge of breakout in 1-3 weaks time as it generally consolidate in a range for 10-12 weaks to start a fresh upmove.
Here it has already spent 10 weaks in 198-182 range.
But this time fundamentals are quite lackluster for metals thats why it will be a risky trade.
BUT ITS WORTH TAKING

Target -230,240,250

Sl- 174(weakly closing basis)
Apr 05
Comment: Hindalco near 200 lets hope for a breakout!
Jun 19
Trade closed manually: Exit cmp@200 with 10 Rs gain 1:1RR

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out