Hindalco
Updated
Hello & welcome to this analysis
In this chart we can see
[1] a diagonal breakdown which bought the stock down to 380
[2] where it went into form a bullish harmonic cypher
[3] to be followed by a bullish RSI divergence
It could now attempt further upside till 425, then 440 & 455 as long as it sustains above 400.
Good set up for momentum at the moment.
In this chart we can see
[1] a diagonal breakdown which bought the stock down to 380
[2] where it went into form a bullish harmonic cypher
[3] to be followed by a bullish RSI divergence
It could now attempt further upside till 425, then 440 & 455 as long as it sustains above 400.
Good set up for momentum at the moment.
Note
1st trgt done
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