Explanation
We will adopt this alternate count only after reviewing price action for next few days. As per this count we have target for Sensex of 17500. Lets wait and watch!
Hindalco alternate count
Explanation
Price decisively broke upwards with large volumes out of triangular pattern
We do not have any preference view but above chart gives an alternate view
We will adopt this alternate count only after reviewing price action for next few days
Upside target can be around 131 as per this count
DXY finally broke downwards and moved even below 77.50 making the bullish pattern void! (atleast in short term)
DXY finally broke downwards and moved even below 77.50 making the bullish pattern void! (atleast in short term)
More aggressive traders can go long on Hindalco with strict stoploss of 109
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