#Stock : #Hindalco Industries
#Chart Time Frame: #Daily
#Structure : #Breakout on #Daily basis of #Ascending #Triangle and #Previous #High with Decent #Volumes
On #Daily Time Frame the Stock has given a Good #Breakout with decent #Volumes of #Ascending Triangle Pattern which is a #Bullish Pattern and also of Previous High
So stock looks good for long as per the levels mentioned below:
#CMP - 455.55 or BoD 412
#Target 1 - 493
#Target 2 - 541
#Target 3 - 590
#SL - 380
#Holding Time Frame - #Short to #Medium Term
All charts & studies posted here are only for #EDUCATIONAL PURPOSE
#Chart Time Frame: #Daily
#Structure : #Breakout on #Daily basis of #Ascending #Triangle and #Previous #High with Decent #Volumes
On #Daily Time Frame the Stock has given a Good #Breakout with decent #Volumes of #Ascending Triangle Pattern which is a #Bullish Pattern and also of Previous High
So stock looks good for long as per the levels mentioned below:
#CMP - 455.55 or BoD 412
#Target 1 - 493
#Target 2 - 541
#Target 3 - 590
#SL - 380
#Holding Time Frame - #Short to #Medium Term
All charts & studies posted here are only for #EDUCATIONAL PURPOSE
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.