HINDALCO--@Resistance Zone??
this stock is trendling Upwards..
now the price is at Resistance Zone...
if it failed to break the resistance it will continue its fall,
on bottomside trendline is acting as a support.
keep in long side as long as price is above the trendline..
On top side after a strong fall price is going to test the resistance, so keep looking for short from this zone.
Now at resistance, multiple times it is rejected from this resistance, this time if this breaks it will reach the resistance zone at 580 levels.
Trade safe...
now the price is at Resistance Zone...
if it failed to break the resistance it will continue its fall,
on bottomside trendline is acting as a support.
keep in long side as long as price is above the trendline..
On top side after a strong fall price is going to test the resistance, so keep looking for short from this zone.
Now at resistance, multiple times it is rejected from this resistance, this time if this breaks it will reach the resistance zone at 580 levels.
Trade safe...
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Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
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