Hindalco
Hello & welcome to this analysis
In this chart we can see
[1] a diagonal breakdown which bought the stock down to 380
[2] where it went into form a bullish harmonic cypher
[3] to be followed by a bullish RSI divergence
It could now attempt further upside till 425, then 440 & 455 as long as it sustains above 400.
Good set up for momentum at the moment.
In this chart we can see
[1] a diagonal breakdown which bought the stock down to 380
[2] where it went into form a bullish harmonic cypher
[3] to be followed by a bullish RSI divergence
It could now attempt further upside till 425, then 440 & 455 as long as it sustains above 400.
Good set up for momentum at the moment.
Note
1st trgt done
Online courses on Harmonic Trading Patterns, Ichimoku & Trading Psychology Risk Management
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t.co/3mGWp29Xkb
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Online courses on Harmonic Trading Patterns, Ichimoku & Trading Psychology Risk Management
t.co/3mGWp29Xkb
t.co/3mGWp29Xkb
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.