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HINDALCO : Look for buy signal on breakout support

After a consolidation move between 73-81, price finally broke out of the range successfully & currently is flowing in a retracement mode.We're looking for buy entry opportunity around 81-82 range of supports with a next major resistance target of 91 area.Below is the setup chart in daily timeframe where i've shown the reasoning of hunting a buy signal & checkout the entry chart analysis here in 15min timeframe.

01.01.2016


New Trading Lesson (Daily & Entry-60min Chart Analysis) : MEMBER ACCESS ONLY


SUMMARY : READ price momentum context – RECOGNIZE the pattern going on – TRADE the pattern till it ends and to learn it all join me in my ADVANCE TRADING COURSE & trade with me real-time using higher & lower timeframe charts.

PLS NOTE : All chart analysis posted above are the author’s own idea of trading for educational purpose only &  not any form of advice or recommendations or opinion to anyone.

January 1, 2016

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