ParamjitMahapatro
Long

hindalco looks bullish in short term

NSE:HINDALCO   HINDALCO INDS
In daily, hammer formed at trend line support, it should bounce from here,

sl - 235 tgt1 - 255, tgt2 - 265
Trade closed: stop reached: trend line support broken here,
sir it bounced form 23.6% Fib level form its recent low , any trade close above 246 in half hour candle is good as per my understanding
Regards
+1 Reply
@shiv2798, yeah right, unfortunately it couldn't and broke the support.
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