avirrathi

Hindalco- time to trade in

Long
NSE:HINDALCO   HINDALCO INDS
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
Trade active: @210
Comment: First Target achieved @214
Comment: Add fresh position and revise sl to 210.5
Trade 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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