HINDALCO AGAIN!! This is the nature of mkt. What goes up comes down also. Wave C has started for sure and price will melt down further. One should place himself accordingly. MUST READ:-This is my observation-not a trading recommendation. Free to use your own method.
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READ ALONGWITH MY IDEA ON IT ON 7TH JUNE TITLED "MODIFICATION OF HINDALCO IDEA"
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Today's upmove was expected as previous low of 380 was holding for sometime.Now can be sold if 395-398 resistance holds for sometime with sl>400
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Now on resistance line. Can take short position with suggested sl
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Those shorted can hold with suggested sl.
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Can squre off ।13/14 pts per lot in a day,in short trade, that too on an uptrending sector and mkt requires skill na।।what do u say??should enter with mire vigour <379/80
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Hope u all r riding the downhill journey identified so early and hand holding for so long ।।Enjoy the profit।।From now,no more hand holding।।Manage your risk।।BEST OF LUCK।।Dont I deserve even a like??!!
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IT HAS MELTED COMPLETELY.SHOULD BOOK FULL PROFIT & wait for bounce towards 380 to re-enter short.SUGGESTED NEAR 395.10% in 9 days.EVEN THEN,NO CHEER!!!SO WHAT'S IN A CHEER,LET ME MOVE ON-Communty service is never rewarding.
