Hindalco- time to trade in
Updated
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
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