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Bearish Marubozu in HINDALCO,1D
HINDALCO INDUSTRIES LTD
Short
Bearish Marubozu in HINDALCO,1D
By Safwan65
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Updated
Oct 23, 2023
5
Sep 18, 2023
HINDALCO
formed Negative RSI Divergence and Bearish Marubozu on Higher high with RSI creating Lower High on Daily TF.
Entry : 484.50
Target : 464/448
SL : 510
RR : 0.8/1.4
(2nd target for better Risk Reward Ratio)
Sep 26, 2023
Note
Book partial and trail SL CTC.
Oct 23, 2023
Trade closed: target reached
Bearish Patterns
Beyond Technical Analysis
Candlestick Analysis
HINDALCO
Marubozu
negativedivergence
rsi-bearish-divergence
SELL
short
steel
Safwan65
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