After a spectacular rally in Hindalco, we can see an evening star pattern being formed.
Look at the nice red candle formed after the evening star, confirming the pattern's validity.
In my view, it will not go in a reverse direction forever but will only take a pullback.
Target: 230.
(After that trail SL till 210)
Look at the nice red candle formed after the evening star, confirming the pattern's validity.
In my view, it will not go in a reverse direction forever but will only take a pullback.
Target: 230.
(After that trail SL till 210)
Trade active:
Touched 253, but closed the day @ 245.85. Let's see what happens.
Trade closed: target reached:
Target of 230 reached on 21 DEC
stop loss @ 253 (high of the confirmation candle)