HINDA trade ideas
HINDALCO - SWING TRADING - 19.07.2022 - BAHAVAN CAPITALHINDALCO is about to Break out and Buy Above 388 and Target 635.
There has been change in the holding patterns in last few days.
and it indicates FII have beginned their entry middle of this month onwards.
18.07.2022 FII Net Holding 156.08 Cr DII Net Selling 844.33 Cr
19.07.2022 FII Net Holding 976.40 Cr DII Net Selling 100.73 Cr
So iam anticipating a uptrend move for this month.
Will discontinue Intraday and focus on Swing Trading.
Happy Profitable Trading to All....
Right Time To Enter CLIMB THE TARGETlast two month the metal sector booking profit, overall globalcues issues. i think now our indian market stable with sector wise.hindalco weekly forming higher high formation with rise wedge pattern.if we take entry cmp 484 here for tgt 550,600,680 SL weekly closing below 440.its my view and educational purpose not recommend for trade.
buy trade in hindalcobuy trade in hindalco for 1:3 risk reward... since there was a downfall after which price started to rise again from line....this trade is good in terms of high risk and reward...even if we loose in this trade...we will only loose 3rd part of what we will gain ..if we gain from this trade