THE METAL IS MELTING

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HINDALCO AGAIN!! This is the nature of mkt. What goes up comes down also. Wave C has started for sure and price will melt down further. One should place himself accordingly. MUST READ:-This is my observation-not a trading recommendation. Free to use your own method.
Uwaga
READ ALONGWITH MY IDEA ON IT ON 7TH JUNE TITLED "MODIFICATION OF HINDALCO IDEA"
Uwaga
Today's upmove was expected as previous low of 380 was holding for sometime.Now can be sold if 395-398 resistance holds for sometime with sl>400
Uwaga
Now on resistance line. Can take short position with suggested sl
Uwaga
Those shorted can hold with suggested sl.
Uwaga
Can squre off ।13/14 pts per lot in a day,in short trade, that too on an uptrending sector and mkt requires skill na।।what do u say??should enter with mire vigour <379/80
Uwaga
Hope u all r riding the downhill journey identified so early and hand holding for so long ।।Enjoy the profit।।From now,no more hand holding।।Manage your risk।।BEST OF LUCK।।Dont I deserve even a like??!!
Uwaga
IT HAS MELTED COMPLETELY.SHOULD BOOK FULL PROFIT & wait for bounce towards 380 to re-enter short.SUGGESTED NEAR 395.10% in 9 days.EVEN THEN,NO CHEER!!!SO WHAT'S IN A CHEER,LET ME MOVE ON-Communty service is never rewarding.
Wave Analysis

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