HINDALCO +ve Price Action at ₹430 Multi-Support zone
HINDALCO has made Beautiful Bullish Engulfing and Hammer Candlestick Pattern at ₹430 Price Action Zone
The Stock is 32% away from its 52week high
Fundamentally Strong is again gearing up for next Bull Run(Expected) as it has taken support at Trendline and ₹430 Support Zone.
Enter at CMP ₹434 and SL of ₹425(2.4%) Low Risk Appetite
with Target of 1st. ₹500 (14%)
2nd. ₹520 (24%)
3rd. ₹600 (38%)
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
The Stock is 32% away from its 52week high
Fundamentally Strong is again gearing up for next Bull Run(Expected) as it has taken support at Trendline and ₹430 Support Zone.
Enter at CMP ₹434 and SL of ₹425(2.4%) Low Risk Appetite
with Target of 1st. ₹500 (14%)
2nd. ₹520 (24%)
3rd. ₹600 (38%)
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.