Hindalco Symmetrical Triangle breakout setup

🔹 Pattern: Symmetrical Triangle
🔹 Breakout Level: ₹660
🔹 Stoploss: ₹635 (below swing low)
🔹 Target Zone: ₹850 – ₹900
🔹 Risk–Reward: 7.6 – 9.6
🔹 Timeframe: Positional (swing to medium term)


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📊 Chart Analysis:
Hindalco has broken out of a well-defined symmetrical triangle on the daily chart, with strong price compression followed by bullish breakout confirmation.

The triangle height is ~₹200, projected from the breakout zone, giving a target range of ₹850–₹900.

🧠 Stoploss placed below the last swing low inside the triangle to avoid false breakdown traps.