NamantSatiya

HINDALCO LONG(TRADING OPPURTUNITY)

Long
NamantSatiya Updated   
NSE:HINDALCO   HINDALCO INDS
3
Price has been consolidating in a channel for quite some time now.RSI and MACD also facing resistance as shown.It should breakout of this channel soon,we need a DECISIVE candle above 202-203 for a proper breakout.Should give 5-8%upside ATLEAST after breakout.
Comment:
almost 5% up today, moving as expected.
Trade active:
Trade has got activated at 204.Hold on for upside
Comment:
226 today,profit of 22rs per share i.e 11% in 2weeks.
Book full profits.
Congratulations!
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