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Price action forms a trading range within the downtrend in Hindalco share prices

Hindalco Price Action – Minor Range within the trend

By Trading Predator April 9th, 2018 No Comments

Hindalco Share prices are consistently making lower lows since Jan 2018. Market prices tumbled from the high 280 and share prices are trading somewhere close to 220. Downtrend is spanning from 3 months, hence as per Dow Theory it’s an intermediate trend. The market structure is clearly traceable on 4 h chart, within the period

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