Hindalco 2017 Oct 12:
1. Gave a signal that PDC is holding well. However, its too early to read it as a signal. It can be traded with PDH as 1st target. However , it is a mediocre trade, if done.
2. Without any significant pause, it went up. I was not comfortable to take it now also.
3. Intraday Range formed.. gave a pull back it was a clear BO of IRH. There was a follow up move (2nd green after the BO). Do Buy with new highs as target...It moved well.
1. Gave a signal that PDC is holding well. However, its too early to read it as a signal. It can be traded with PDH as 1st target. However , it is a mediocre trade, if done.
2. Without any significant pause, it went up. I was not comfortable to take it now also.
3. Intraday Range formed.. gave a pull back it was a clear BO of IRH. There was a follow up move (2nd green after the BO). Do Buy with new highs as target...It moved well.
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