HINDALCO – Bullish – Above 88.50- S.L 61.50 – CUP

[Udayarka Pakala]

Forming CUP Pattern.

From Oct -14 – 2015 through April – 08 -2016, Which it took nearly six moths to form.

Volume is low at the bottom of the CUP.

TRADE PLAN: Symbol HINDALCO – Direction : Long (Bullish) – Entry: above 88.50 – Stop loss: 61.50 – Target: 115.50

 

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