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k314
Sep 27, 2018 9:30 AM

HINDALCO buy setup - Good risk reward Long

HINDALCO INDSNSE

Description

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

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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