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SBI on long term imp sup level of 1452


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Hindalco Outlook: Trend reversal candle Doji on top

Hindalco is trading almost near life time high where we can see a Doji and Doji  star formation with a confirmation candle, Doji and Doji Star are completely a reversal signal for short period of time and voulme  also decline for past two weeks (low demand on top).  If stock open on Monday near Friday close or below and able to break 213.25, this reversal trend will continued,  Try to apply this strategy with volume below 213.25 and immediate support levels are on 210.35/207.30 and strong support 205.20 level and resistance levels are 216/220.20/224.80 
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