I regsitered with Alpha3x and these are some of the charts they sent.
Hindalco
Hindalco has broken a major confluence at 118 which was the 200 DMA and the 100 DMA. Bears are in control Any rally to 118 will be sold with a target of 102. Hindalco is tracking global Aluminium prices.
ICIC bank trend remains precarious near the Netline Sell at 1158. It is stable at the 25 DMA and awaiting the results. We would go short into the news as this can be a stock which can sell on news as any good news has been riced as the bank trades at the top of valuation range. The stochastics have been losing speed while vortex is near a bearish crossover.
Lots more charts from the global space as well.
Hindalco
Hindalco has broken a major confluence at 118 which was the 200 DMA and the 100 DMA. Bears are in control Any rally to 118 will be sold with a target of 102. Hindalco is tracking global Aluminium prices.
ICIC bank trend remains precarious near the Netline Sell at 1158. It is stable at the 25 DMA and awaiting the results. We would go short into the news as this can be a stock which can sell on news as any good news has been riced as the bank trades at the top of valuation range. The stochastics have been losing speed while vortex is near a bearish crossover.
Lots more charts from the global space as well.