Hindalco - Volatility Squeeze
Atualizado
Study:-
Selling is getting observed when the price is coming down. Diamond pattern is observed implies volatility squeeze. Expect a big move. Currently price is in no trade zone.
Wait for it to move and give break out. Position is getting build in 165 and 170 range in OC.
PCR - 0.82
As bullish hidden divergence is observed between Price and RSI hence probability is high of giving BO on the upper side.
NO Trade at present.
*This chart is for educational purpose only.
Selling is getting observed when the price is coming down. Diamond pattern is observed implies volatility squeeze. Expect a big move. Currently price is in no trade zone.
Wait for it to move and give break out. Position is getting build in 165 and 170 range in OC.
PCR - 0.82
As bullish hidden divergence is observed between Price and RSI hence probability is high of giving BO on the upper side.
NO Trade at present.
*This chart is for educational purpose only.
Trade ativo
As mentioned given breakout in the upside and broke the trend line to move higher. Can reach 165.
Aviso legal
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