amritrajshetty666

spinning top candle on hindalco

Short
amritrajshetty666 Updated   
NSE:HINDALCO   HINDALCO INDS
We see high call writers at 190 call close to a 14 lac positions added today in OI a 55% increase.

With a stop loss of 190 and target of 164.

We clearly see selling pressure at 180 level where it crashed on 20th April.

Fibbonaci retracement comes to about 169 levels is the next support level.


Comment:
trade active
Trade closed: stop reached:
Did not work out cause it broke out above 180 levels

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