HINDALCO
HINDALCO--In RANGE Bound ??Observations:
----->> The stock is trading in a range bound for long time.
------>> now its trending downwards in 15min time frame and now its near to support again, if support breaks will see downwards up to 420 range.
------->> we have a trendline resistance as well, if breaks will again move back to 445-450 range.
------->> keep an eye on these levels.
{HINDALCO}:(FINAL RISE FOR 4.5%)
Price has completed the 5 Wave Impulse in 12 Months Chart this is the last wave of uptrend in Correction as the Trend is in Downward direction, the target of this Long Trade is the Entry price for a Short Trade, so timely exit is as critical as the Entry is...
ENJOY THE RIDE ! ! !
UNDERSTANDING {HINDALCO} WITH (WAVES)!!!
Price has formed a 5 Wave Impulse in Monthly chart, which completes the Wave 1 in the Higher Loop
Currently Price is in Correction forming the Wave 2 in the Higher Loop, which ends in a Demand formed in the 12 months chart @ 284.00 also this is the Price from where the Wave 3 starts,
Focusing on the current Price we are in a simple correction in Monthly chart,
Price has a fresh Monthly Supply which will complete the last WAVE C of the Wave 2 also we have a small Buy Trade before the Wave C (Declining Impulse begins!!!)
I jus Hope this is Understandable!!!
ENJOY THE LAST UPRIDE!!!
Hindalco Weekly - Symmetrical triangleHINDALCO symmetrical triangle pattern in weekly timeframe
Buy if it breakout above ₹460
Targets : T1 - 500
T2 - 555
T3 - 636
Stop Loss - 375
R:R - 1:2
#NFA #DYOR
Sell signal in Hindalco
Hindalco seem to have touched its current swing high. Rest of the week should take it down.
Downmove almost over
It seems downward move of Hindalco is almost over. Can be a good candidate for buying in coming days
Trendline Breakdown in Hindalco Industries Limited...Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Hindalco in support - view for 16th FebHindalco in support - view for 16th Feb
Below 425 expecting a fall...
Please follow strict risk reward and stop loss...
Charts for Educaitonal purposes only.
Thanks,
V Trade Point
HINDALCO LONG TRADE 1 HOURHello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
.
HINDALCO
1 hour : It has taken the liquidity from major high.
*Wait for the opportunity in lower timeframe (5 min) and we could see downside movement.
THANK YOU !!!!
HINDALCO VIEW FOR TOMORROWHINDALCO LEVEL FOR TOMORROW....
Follow strict risk reward and stop loss...
Consider charts for educational purposes..
#MAITHANALL #COALINDIA #NMDC #GMDCLTD #NATIONALUM #JSWSTEEL #NSE#MAITHANALL
NSE:MAITHANALL
CMP: 1050.15
TP: 1270 // 1300 // 1400
SL: 949
TF: <6m
RR > ~2.5 times
Return > ~24%
MAITHANALL
SAIL HINDCOPPER HINDZINC NIFTYMETAL TATASTEEL CNXMETAL HINDALCO JSWSTEEL NATIONALUM JINDALSAW JINDALSTEL COALINDIA NMDC GMDCLTD VEDL
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
#TINPLATE #TATAMETALI #HINDCOPPER #TATASTEEL #JSWSTEEL #HINDALCO#TINPLATE
NSE:TINPLATE
CMP: 352.10
TP: 400
SL: 328
TF: <6m
RR > ~2 times
Return > ~13%
TINPLATE TATAMETALI
SAIL
HINDCOPPER HINDZINC NIFTYMETAL TATASTEEL CNXMETAL HINDALCO JSWSTEEL NATIONALUM JINDALSAW JINDALSTEL
Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
#NATIONALUM #HINDALCO #VEDL #VEDANTA #JSLHISAR #JINDALSTEL #SAIL#NATIONALUM
NSE:NATIONALUM
CMP: 78
TP: 98
SL: 71
TF: <6m
RR > ~2.6 times
Return > ~25%
NATIONALUM
NSE:TATASTEEL NSE:JINDALPOLY NSE:SAIL
JSWSTEEL JINDALSTEL HINDALCO TATASTLLP JINDALSAW JSL JSLHISAR JINDWORLD JINDRILL JINDALPHOT VEDL HINDZINC HINDCOPPER
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#TATASTEEL #SAIL #VEDL #JSWSTEEL #JINDALSTEL #nationalum #TCS#TATASTEEL
NSE:TATASTEEL
CMP: 111
TP: 120
SL: 105
TF: <2m
RR > ~2 times
Return > 10%
NSE:TATASTEEL
JSWSTEEL JINDALSTEL NATIONALUM HINDALCO TATASTLLP JINDALSAW JSL JSLHISAR JINDWORLD JINDRILL JINDALPHOT VEDL SAIL NSE:JINDALPOLY
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#SAIL #TATASTEEL #HINDALCO #TATASTLLP #JINDALSAW #JSL #JSLHISAR #SAIL
NSE: SAIL
CMP: 80
TP: 93
SL: 74
TF: <6m
RR > ~2 times
Return > 15%
JSWSTEEL JINDALSTEL SAIL NATIONALUM TATASTEEL HINDALCO TATASTLLP JINDALSAW JSL JSLHISAR JINDWORLD JINDRILL JINDALPHOT JINDALPOLY VEDL
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#JSWSTEEL #SAIL #NATIONALUM #TATASTEEL #HINDALCO #TATASTLLP #OIL#JSWSTEEL
NSE: JSWSTEEL
CMP: 764
TP: 950
SL: 680
TF: <6m
RR > ~2 times
Return > 23%
JSWSTEEL JINDALSTEL SAIL NATIONALUM TATASTEEL HINDALCO TATASTLLP JINDALSAW JSL JSLHISAR JINDWORLD JINDRILL JINDALPHOT JINDALPOLY VEDL
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
HIndalco day chartHindalco is showing a good stregnth but this stock is in the pattern in upper and sown there is trendline resistance We have to consider this trendline before taking trades
Hindalco Intraday ViewHINDALCO Intraday view for tomorrow.
It has formed a good chart pattern expecting a breakout soon
Buy at breakout of trendline or at 455 at bottom
477 first target & keep a watch on 480 which is a resistance if it successfully breakout and sustain above this we will see good momentum.
You can take a swing trade as well.
There is good confluence comment below if you spotted the confluence.
If you have any queries comment below.
Happy Trading!
HINDALCO1!01-12
Daily chart of HINDALCO1!
LTP: 465.60
The pattern looks like the bullish ascending triangle.
The supports are at 426.90 (200 EMA) and 424.65 (manual).
Candles holding strong above 200 EMA is a bullish signal.
I have gone long for short term trade
Hindalco1!28-11
Daily chart of Hindalco1!
LTP: 433.10
The candles have respected the resisting trendline (manual)
The candles have respected the resistance at 442.30 (manual)
If the weakness carries, the candles might break the support at 426.10 (200 EMA) and head towards the support at 358 (manual)
I bought 430 pe
