Hindalco

2022년 1월 3일

I am taking a position in Hindalco for a long Trade.
The idea behind the Trade:
1) RSI is positive and has shown a convergence breakout.
2) Golden Cross Over just after the breakout of the Channel.
3) Although the Shorter super trend hints at a Buy Signal, the longer super trend still shows a Downward trend. So you can wait for the trend to turn fully green. But as RSI breakout is supporting my view, hence I am proceeding with the trade.

First Target is 506.
The second Target is 545.
Stoploss is 453.35, You can take some buffer.

2022년 1월 5일

액티브 트레이드

The stock is moving at the same level for the last two days. I am holding my position

2022년 1월 12일

액티브 트레이드

Almost near First Target.

2022년 1월 13일

거래청산: 타겟 닿음

Target achieved at 506. I am closing my Trade. You may continue to check if the Second target gets achieved. The stock is still bullish with a resistance at 510