#Educational #Metal #Hindalco Ind - SHORT
Updated
Hindalco Looking bearish :
1. Trading below 200 EMA
2. Trendline breakdown after several days consolidation.
3. Volume Supported.
4. RSI below 40.
5. Metal index also looking weak.
1. Trading below 200 EMA
2. Trendline breakdown after several days consolidation.
3. Volume Supported.
4. RSI below 40.
5. Metal index also looking weak.
Trade active
Long term chart also indicating bearish momentum. If it goes in our side then 300 levels can be seen soon.Trade active
439 would be our SL.Trade active
Target1 386 achieved.Trade active
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