HINDALCO - Range Low

Actualizado
Hindalco has been creating a New channel pattern expanding its range from 29 Jul 2021.
This simple idea aims to use this channel current low as a opportunity to enter and obtain a short term target of Rs. 425 ( Maybe even bigger if breakout happens). Risk involved is the stock price may breakdown the channel bottom and then bounce back. If by any chance the stock breaks down , my stop loss could be Rs. 395 ( differs for everyone ). Now i have made my entry @ Rs. 409

P.S I am Risk moderate trader trying to capitalise short term opportunities

I had published a similar pattern as idea for INFY which gave huge returns recently.
This Idea is only for educational purpose.
Operación activa
ENTRY @ 409
Operación cerrada: objetivo alcanzado
Target Reached 450
Nota
Profit : 41/ Share
Bullish PatternsChart PatternsHINDALCOrangebreakoutshorttermTrend AnalysisTrend Lines

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