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amritrajshetty666
Aug 11, 2020 9:39 PM

spinning top candle on hindalco  Short

HINDALCO INDSNSE

Description

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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