HINDALCO --- INTRADAY SETUP -- 03/06/2022

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HINDALCO -- INTRADAY SETUP -- 15 MIN CHART -- 03/06/2022

>> HINDALCO seen double bottom formation after sharp fall at oversold level .

>> trendline seen breakout above 411 level where we can initiate buy position

>> Histogram seen bullish bar at current level last candle

>> buy above 411 is confirnmation of trend reversal



BUY HINDALCO above 411

target 415-418-422

stop loss 402



** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** Trade at own risk

HAPPY TRADING .!
Note
bought 412.50 9.28 am
Note
nifty 16800 seen as resistance 1st 15 min chart intraday !
Note
nifty intraday support at 16700-16720 ,
Note
hindalco 1st intraday target 415 HIT ...... 10.14 AM -- 03/06/2022
Note
nifty support 16700 broken as of now. !
Chart PatternsHINDALCOintradaysetupTrend Analysis

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