radha_23

HINDALCO INDUSTRIES LTD - Bollinger Band + MACD

Long
NSE:HINDALCO   HINDALCO INDS
๐Ÿ“Š Script: HINDALCO (HINDALCO INDUSTRIES LIMITED)
๐Ÿ“Š Nifty50 Stock: YES
๐Ÿ“Š Sectoral Index: NIFTY 500 / NIFTY METAL
๐Ÿ“Š Sector: Commodities - Metals & Mining
๐Ÿ“Š Industry: Non - Ferrous Metals - Aluminum

Key highlights: ๐Ÿ’กโšก

๐Ÿ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
๐Ÿ“ˆ MACD is already giving crossover.
๐Ÿ“ˆ Double Moving Averages also giving crossover.
๐Ÿ“ˆ Current RSI is around 66.
๐Ÿ“ˆ One can go for Swing Trade.

โฑ๏ธ C.M.P ๐Ÿ“‘๐Ÿ’ฐ- 455.55
๐ŸŸข Target ๐ŸŽฏ๐Ÿ† - 502
โš ๏ธ Stoploss โ˜ ๏ธ๐Ÿšซ - 435

โš ๏ธ Important: Always maintain your Risk & Reward Ratio.

โš ๏ธ Purely technical based pick.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Happy learning with trading. Cheers!๐Ÿฅ‚

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