Swing trade setup for Himadri chemicals, high rtr, moving averages also supporting and volumes are giving good confirmation. Trade at your own risk shared only for educational purposes.
Small pole and flag forming in TATA ELXSI. Wait for a break from the upper end of the flag for a target of a 3920 near 52 W high and stop loss of 3400. If it breaks below do not enter. Wait for it to reach 3400ish levels.
Make sure to trade what happens and not what you expect :)
Note: Please do not follow my idea blindly, please analyze yourself as well. I just...
Hindalco is forming a symmetrical pattern and can break either side of the triangle. A break above can be traded for long position for targets of 411 and 426. A break on the downside can be traded for short position for targets of 380 and 367. A downside break will lead to the price going below the 50 EMA, and the first target mentioned for 367 is the level of 200...
