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k314

HINDALCO buy setup - Good risk reward

Long
HINDALCO INDS (NSE:HINDALCO)  
k314 Updated   
NSE:HINDALCO   HINDALCO INDS
Trend Analysis Chart Patterns Technical Indicators HINDALCO hindalcolong
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trendanalysis chartpattern indicator hindalco hindalcolong
Buy HINDALCO at CMP (248+). Expecting a gap up opening above 251 on Oct 01, 2018

T1: 270
T2: 284

SL: 241
Trade active:
Accumulate more on dips till 246
Comment:
Buy more at CMP (243+) as its testing the trendline

snapshot
Comment:
Now that Hindalco closed below 246 the likelihood of a gap up open above 251 on monday is low. However we remain bullish until Sl is triggered.
Trade closed: stop reached:
Trend line broken
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