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XABCD
Apr 7, 2017 6:23 AM

High probability trade in HINDALCO Long

HINDALCO INDSNSE

Description

Hi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame.

Here's a trading plan for HINDALCO
Weekly location: Equilibrium
Daily trend: Up (Let's go long)
Hourly zones: Demand zone marked on chart

Trade duration (max): 1 week
Note: Target, Entry and SL on chart

Trade active

Gap is closing in, potential trade today?

Trade active

Price hit entry @192.20

Trading plan:
Exit half the position @193.60
Trail stop loss to above entry and exit remaining position @195

Trade active

Target 1 (193.60) hit
Risk-free trade now - Trail stop loss to 192.40
Target 2 - 195

Trade closed: stop reached

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