HINDALCO Bearish Move

HINDALCO closing 415.25 Sell with StopLoss 430 then targets are 400-380-.

Selling Reason.

1. <--> Price Break the Trendline and also Range Breakdown.
2. <--> RSI close below 40.
3. <--> ADX is also show the BEARISH move and -DMI is rise.
4. <--> Volume also show the Breakdown.
5. <--> Also Breakdown of RISING WEDGE.

Trade chiuso: obiettivo raggiunto:

First target hit

Trade chiuso: obiettivo raggiunto:

Today 395.4 low near second target