veensh

HINDALCO , Pull Back Trade Buy Above 161 .

Long
NSE:HINDALCO   HINDALCO INDS
Price Is In Demand Zone .
Swing Retraced 0.618 And Taking Support .

Buy Above 161
Sl :- 154 , 151.5
Target :- 167 , 180
Trade closed: target reached: First Target Achieved
Trade closed: target reached: Our Targets Done ,Now For Bigger Gains One Can Trail SL . And Ride The Gains .

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Comments

Target reached thanks for analysis. What is Swing Retraced 0.618 can you explain ? I am trying to learn this price action.
Reply
veensh Satti-2020
@Satti-2020, It's Fibonacci Level (One of the way to find support ) .
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