HINDALCO Bearish Move
Updated
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.
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 hitTrade closed: target reached
Today 395.4 low near second target
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