shashankpt

Hindalco trading stragedy for coming week.

shashankpt Updated   
NSE:HINDALCO   HINDALCO INDS
Scenarios 1:
Buy with stop loss of 114.50 for target of 122 and 126 once it rached to 122 stop loss would be 120 .once it crosses 130 and contiue to trade above 130 it can he hold for target of 154. THIS VIEW if tommorw open ABOVE 118.50

Scenarios 2:If opens below 115 then sell call for target of 108 and 102 . The clsoing below 102 will bring to 88 and breakdown of 88 will bring to 40 .Personally I will accumulate at 88 and 40 level for long term.
Trade closed: target reached:
Worked will with Scenarios 1 .
Trade closed: target reached:
Target of 154 reached

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