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Hindalco in a parallel channel
HINDALCO INDUSTRIES LTD
Hindalco in a parallel channel
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2022年3月20日
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2022年3月20日
Hindalco has been consolidating in a parallel channel for 7-8 days.
The support for the stock is near 550 levels.
If the stock gives a breakout on the upper side the achievable targets are around 600 and 620 levels.
The trade can give momentum,
Daily time frame is good as the consolidation is what we look for.
Wait for the breakout of the parallel channel and trade accordingly.
Support :- 550
Resistance :- 600, 620-23.
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HINDALCO
HINDALCOBULLISH
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