HINDALCO BEARISH HARMONICS BUT CAN ATTEMPT BREAKOUT TOO...
CMP 473
shorts in range 488--491 with keeping 504 as closing basis STOP_LOSS
for SHORT TERM TGTs 477 / 466 / 458 / 450
<450 IMPORTANT ZONE FOR BOUNCE OR BREAKDOWN>
IF closes below 450 TGTs 442 / 430 / 410 / STRONG DEMAND AT 380--385 levels..
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IF CLOSES ABOVE 500 FOR 2 DAYS ATLEAST IT WILL BE CONSIDERED AS BREAKOUT FOR:--
537 / 567 / 580 / 590
WITH SL OF 480 closing basis..
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HARMONIC SHORT IN RANGE 595--601
targets and sl will update when short triggers...
Regards...
Keshav..
02/01/2023
Disclaimer:
I am not a SEBI Registered analyst...!!
Charts are made only for study purpose and paper trading... !!