Hindalco intraday view for 25th June

Jun 24, 2021

Metals may be in momentum tomorrow. I believe Hindalco to be in momentum as well. As per the chart on the smaller timeframe, the direction is unclear but positionally 350 should act as major support. As long as 381 is not breached on hourly timeframe, I am positionally short in this stock.

Jun 27, 2021

Trade closed: target reached

intraday target 2 reached on long and one target reached on short side.

for positional trade, 181 hasn't breach yet, hence its positionally short for me as can be seen via anchor vwap applied on the chart