USDJPY reversed from resistance level of 150
Already breached a small support 149.350
Next 3 targets mentioned in the image.
Looks to achieve in the coming weeks.
Stock looks in pretty good shape bouncing from the Low level and sustaining there
Stock can move up to a First target of 3187 which is the neckline and if that is broken it can reach the Second Target of 3241.
Stop Loss - 3018 as shown in the picture
Hindalco have a good support at 440 however there is a 200 EMA support at 424. These could act as a great support lever. However thre are few things that makes a good trade
1. Breatkout
2. Restet
3. Breakout with great volume
4. Broke 200 EMA and staying above it
I would put my money in for good risk/rewards ratio.
Larsen adn turbo is forming a flag and pole pattern. If it breaks out of the flag patter it can achieve next target shown in the picture. Be watchful of the support arund 1980 and Look to be in a good shape.
