Hindalco- Symmetrical Triangle- Awaiting Breakout- Potential Buy

3 thg 11, 2016

As seen after a strong uptrend, price has been contracting in a narrow range, making lower highs and higher lows (symmetrical triangle) in the daily chart . A breakout with volumes on the upside would be our entry.
It is bullish in larger time frame also.
I will keep this stock in watchlist and review it once it gives a breakout.

3 thg 11, 2016

Giao dịch đang hoạt động

cmp 163

24 thg 11, 2016

Ghi chú

As per this pattern target should be around 184, but one can book profit at 180.