Hi Friends, METAL SECTOR IS BRAKING TO THE UPSIDE. Hindalco is braking the short term down trend line, so by keeping the stop loss @ 167 one can enter the script. Your humble trader, Kiran
It is hovering at the pre pandemic resistance levels. Resistance at 202 has been tested once and rejected at the breakout level. In my opinion it may test the resistance one more time before the breakout happens. If this follows the lower trend line in my opinion the breakout is certain around the last week of september 2020. If during now and sep last week its...
Price Is In Demand Zone . Swing Retraced 0.618 And Taking Support . Buy Above 161 Sl :- 154 , 151.5 Target :- 167 , 180
Short Term Cash Buy HINDALCO @163.00-164 SL 159.7 TGT 172 TK cross over + MACD cross over + ichimoku cloud break out at 160 + above VWAP
Hindalco will be breaking the channel and achieve tgt of 160 to 180 in July month expiry. HDOI160 #Ideaforeducation
Refer chart : classic Text Book pattern. No Naked trades , Use strategy : 1) Buy 230 Dec calls , sell 250 Dec calls --- My preference. 2) Buy Dec future , Sell 230 Dec call 3) Sell Dec 240 or 250 Put , Buy 220 Put 4) Buy 2 lot 230 call , Buy 1 lot 230 put check what strategy suits you ,And execute your trade . Beware lot size is 3500 , so risk is high...