HINDALCO INDS

Von RK_Charts
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Hindalco stock has made double top on hourly time frame along with bkt , bearish hidden divergences rd in rsi, macd, stochastic etc, we are having bearish bias in this stock, one can go short at these levels or on rise ( if any ) with stoploss of 486, all the key levels are mentioned on chart along with stoploss and targets.

key levels are mentioned on chart along with stoploss and targets
Snapshot
Snapshot
wave structure could be like this
Snapshot
macd in daily in negative croosover
Snapshot
macd in hourly started down tick
Snapshot
rsi in hourly below 60 now
Snapshot
dmi are converging in hourly
Snapshot
Bearish RD in rsi in hourly
Snapshot
Bearish RD in macd in hourly
Snapshot
Bearish RD in stochastic in hourly
Snapshot
BKT
Snapshot

Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
Trade geschlossen: Stop wurde erreicht
Chart PatternsHINDALCOhindalcoshorthindalcotrendTechnical IndicatorsmetalsignalsTrend Analysis
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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.

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