h24r24

HINDALCO Bearish Move

Short
h24r24 Updated   
NSE:HINDALCO   HINDALCO INDS
HINDALCO closing 415.25 Sell with StopLoss 430 then targets are 400-380-.

Selling Reason.

1. <--> Price Break the Trendline and also Range Breakdown.
2. <--> RSI close below 40.
3. <--> ADX is also show the BEARISH move and -DMI is rise.
4. <--> Volume also show the Breakdown.
5. <--> Also Breakdown of RISING WEDGE.
Trade closed: target reached:
First target hit
Trade closed: target reached:
Today 395.4 low near second target

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