hindalco looks bullish in short term Long

HINDALCO INDSNSE

Description

⋅ Sep 21, 2017 12:10 PM

In daily, hammer formed at trend line support, it should bounce from here,

sl - 235 tgt1 - 255, tgt2 - 265

⋅ Sep 25, 2017 2:37 AM

trend line support broken here,

Comments

shiv2798

⋅ Sep 22, 2017 3:17 AM

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

ParamjitMahapatro

⋅ Sep 25, 2017 2:37 AM

@shiv2798, yeah right, unfortunately it couldn't and broke the support.