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rajat140188

Hindalco Breakout and Restest

Long
HINDALCO INDS (NSE:HINDALCO)  
rajat140188  
NSE:HINDALCO   HINDALCO INDS
Trend Analysis Chart Patterns Technical Indicators
10
0
trendanalysis chartpattern indicator
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.
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