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RahulNewar
Jun 24, 2020 10:03 AM

HIndalco - Amazing Pitch fork and Harmonic layout  

HINDALCO INDSNSE

Description

Hindalco rallied yesterday and today to make a high around 160. It cross the pitch fork higher line from April 30 high which and was facing resistance from extended line of higher pitch fork line. At the same, it made a harmonic bat pattern indicating a reversal. With the perfect timing made a good profit in the stock. Seems to face good support around 150 and have exited the sort position. Will take fresh position only once it break out 148 level which is point A of Harmonic patter and below the Pitch fork center line.
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