Hindalco has a flag pattern in its daily time frame chart.
Entry -- wait for the price to break the upper flag trendline or close above it to avoid any false signals.
Stop loss - SL should be the price at the bottom flag trendline.
Target -- the flag pole is of 135 points. To be conservative -- always use a trailing SL to avoid losing on profits.
Entry -- wait for the price to break the upper flag trendline or close above it to avoid any false signals.
Stop loss - SL should be the price at the bottom flag trendline.
Target -- the flag pole is of 135 points. To be conservative -- always use a trailing SL to avoid losing on profits.