HINDALCO INDUSTRIES LTDتم تحديثه Hindalco: In a critical Zone
Head and shoulder formation observed before the big crash. Support of this formation is on 181 rs.
Right shoulder broke the support and a major fall occurred which coincides with Covid situation.
Recovery is happening in a parrallel channel making upper dynamic resistance and lower dynamic support lines.
Today Both the previous support and parallel channel crossed each other.
Hindalco made a High of 186 rs but couldnt sustain the levels & fell sharply to close on 178rs. which is below its critical 181 rs resistance(previous support) line.
Tomorrow's move will decide the further trend of Hindalco.
Nifty is in indecisive mode & most probably a correction will happen soon.
This will give the opportunity to short hindalco.
Nifty correction>> Short Hindalco-- Target 166-168, SL- 185
Nifty Bull Run>>>> Long Hindalco-- Target 196-198, SL- 170
Right shoulder broke the support and a major fall occurred which coincides with Covid situation.
Recovery is happening in a parrallel channel making upper dynamic resistance and lower dynamic support lines.
Today Both the previous support and parallel channel crossed each other.
Hindalco made a High of 186 rs but couldnt sustain the levels & fell sharply to close on 178rs. which is below its critical 181 rs resistance(previous support) line.
Tomorrow's move will decide the further trend of Hindalco.
Nifty is in indecisive mode & most probably a correction will happen soon.
This will give the opportunity to short hindalco.
Nifty correction>> Short Hindalco-- Target 166-168, SL- 185
Nifty Bull Run>>>> Long Hindalco-- Target 196-198, SL- 170
أغلقت الصفقة: تم الوصول للهدف
تم إغلاق الصفقة يدويًا
Long Target : Reached
إخلاء المسؤولية
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.