CLOSED

HINDALCO
Manually Closed

366.65 4.43%
Close Price
(2021-04-16 11:24:59)
351.1
Entry Price
(2021-04-15 14:45:00)
370
Target Price
 
340
Stoploss
 
Enter at below 351.2 | Created on 2021-04-15 14:41:17 and valid till 2021-06-24 00:00:00

Trade rationale

Other – Study mentioned in Notes Below

Fibonacci Extension: Stock has recently taken support and the price movement has been reversed from there. The trend reversal was also supported with volume spikes . Using Fibonacci extensions, we expect the price level to reach the target of around 380.