Where is the Direction ???

Updated
Hindalco is just getting rejcted from the above trend line again and again, and getting support on below trend line....
Looking at current scenario it is clearly directing that price may go down till 185-190 regions ...

Tgts are : 196/192/188
SL 201


Hopefully, we may see price reversal at 185 , if that not happen we may see further more down side...


Note: Do your own study before making any position...

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Trade active
Trade closed: target reached
Target 1 : 196 reached...
Trade active
Note
revise SL for another tgts...
Trade active
195 is acting as a resistance...
Trade active
Trade active
tgt 2 achieved..
Trade active
target 3 achieved
Note
revise sl and go with the trend
Trade closed manually
All Targets reached ... EXIT
opportunityParallel Channelprofitsriskrewardshort

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