Hindalco- time to trade in
hindalco is trading at a very strong support i.e. channel base.
Risk reward ratio is very favourable for a long trade.
Buy at cmp or above 211
target 214,216,217.8
sl below 208
Risk reward ratio is very favourable for a long trade.
Buy at cmp or above 211
target 214,216,217.8
sl below 208
Trade active
@210Note
First Target achieved @214Note
Add fresh position and revise sl to 210.5Trade closed: target reached
2nd target achieved but scrip is facing resistance at 217 so its better to book profit now. New rally can be seen beyond 217
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.