HIndalco is on a verge to go all the way down (3rd July 2020) Long

NSE:HINDALCO15

HINDALCO INDSNSE

Description

⋅ Jul 2, 2020 7:36 PM

As mentioned it is a rising wedge pattern and hence the downside will be too much if it breaks the wedge pattern.

Trade active

⋅ Jul 3, 2020 12:45 PM

As expected it has broken the wedge pattern and now we can expect a selloff from here.

Comments

Sarsans

⋅ Jul 4, 2020 2:35 AM

Hi where is your contact number sir, wish to join your tips. Thanks

Abhishek_TradersSin

⋅ Jul 4, 2020 8:24 AM

@Sarsans, Hi trader ! I will be posting daily tips here on TradingView, please follow. Will create a telegram channel once I cross 1k followers.

Sarsans

⋅ Jul 4, 2020 12:19 PM

@Abhishek_TradersSi8n,
Thanks a lot, however I am long in 160 ce. Heavy loss. My cost is 5.7 , shall I book the loss, as you have researched and asked to sell that strike?

Abhishek_TradersSin

⋅ Jul 4, 2020 12:30 PM

@Sarsans, depends on you as this is how my analysis is . Also I don't trade in options but future !