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VanshikaUdeshi

Channel Breakdown : Hindalco

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HINDALCO INDS (NSE:HINDALCO)  
VanshikaUdeshi Atualizado   
NSE:HINDALCO   HINDALCO INDS
Chart Patterns Parallel Channel Moving Averages movingaveragecrossover parallelchannels parallelchannelbreakdown breakdowntrading
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chartpattern parallelchannel movingaverage movingaveragecrossover parallelchannels parallelchannelbreakdown breakdowntrading
Hindalco candle has managed to close below the channel breakout line and hence we can see the further downside. The price target for the same will be distance between 2 channels with keeping stop loss of the previous candle high. Moving averages showing downside crossover.

* It is my analysis and not a recommendation to buy or sell.
Trade fechado: objetivo atingido
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