InsiderB
Long

Hindalco : Rectangular Channeling...

NSE:HINDALCO   HINDALCO INDS
i) If you get bullish entry setups on lower timeframe, take that till 200's

ii) If there is bullish breakout, trail stops n enjoy the run. Else book profits, if 200 not broken
Apr 26
Comment: 200 on cards now , probably by today or 2mrw max :)

Comments

Thanks for your analysis. I also have a bullish view on the stock for the medium term - https://in.tradingview.com/chart/4yJhnxOp/ . Can you review this idea?
+1 Reply
InsiderB eyesice
@eyesice, Sure mate :)
Reply
InsiderB eyesice
@eyesice, Yep the trendline retest, will be good way for entry , Nice !
Reply
eyesice InsiderB
@InsiderB, thanks!
Reply
great call and nice trade setup
Reply
InsiderB bearishbull1968
@bearishbull1968, Thanks !
Reply
hope it will break 200 this time.
Reply
InsiderB sp21289
@sp21289, Same expectations, but a gap open at 200 n coming down scenario not eliminated. All the Best !
Reply
Thanks @InsiderB for the quick analysis. Can we go with May future/option for target of 200 ?
Reply
InsiderB ProfitHoga
@ProfitHoga, Yes that will be fine, but go down on timeframe to look for potential trade setup to make the entry , All the Best :)
Reply
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