Wednesday, August 01, 2018

HINDALCO

A massive abcde up on monthly chart 
 spread over many years.


The stock is retracing after breaking out the rally was big so this can consolidate for a while before 
going further.lets take a closer look to the current correction.


A slanting channel correction is on probably the stock an oscilate between 190 to 240 for
quite some time breaking this range on either side we can draw the further pattern .Metals
are in limelight thanks to tradewar !!.

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