Buy!
BHARAT ELECTRONICS BREAKOUTTTTTTTTBE careful above there is one more trendline going above the breakout candle it may face resistance ,we will go as per our stratergy will buy after it crosses breakout candle high above with 1:2 take profit ,u should trail ur sl if u find it reversing from trendline going above
GOOD --BUY -- HINDALCO GOOD - BUY-- HINDALCO --DAILY CHART SETUP .
1. Hindalco trading at upper channel on daily chart .
2. Currently stock trading at lower support at upper channel , at near strong support line. so as GOOD BUY LEVEL at risk reward ratio.
3. DAILY CHART trix line shows at oversold level as well as at positive crossover
4. one can initiate BUY 420-425 for target 450-480-500 + short to mid term STOP LOSS 399 bellow strong support line
5. RISK REWARD RATIO 1.4 fom current level
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !!
HAPPY TRADING. !!
ANDREWYU Daily looking bullishANDREWYU Daily has trendline breakout with 200 ema support on daily candle.
Good to buy at 25.25 for target of 33.70 with sl below 21.80