Hindalco - Breaking Out from Long Consolidation
Updated
It is been observed that the price action is breaking out from a long consolidation range, indicating a strong move to upside.
Target: 215
Stoploss: 200
Target: 215
Stoploss: 200
Trade active
Note
stoploss revised at 197 on closing basis.Note
Updating chart and stoplossStoploss 193.
You may add to your positions around 193-195 levels if it comes down.
Regards
Trade active
Trade active
Hindalco back to 200 levels, shall keep up the momentum.Trade active
Note
Chart Updates: Hindalco did come down to 61.8% Fibs levels and reverse back to previous resistance levels. Now, a close above 204 levels shall take it further up. Trade active
Trade closed manually
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.