rajat140188

Hindalco Breakout and Restest

Long
NSE:HINDALCO   HINDALCO INDS
Hindalco have a good support at 440 however there is a 200 EMA support at 424. These could act as a great support lever. However thre are few things that makes a good trade
1. Breatkout
2. Restet
3. Breakout with great volume
4. Broke 200 EMA and staying above it

I would put my money in for good risk/rewards ratio.
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