my price action for hidalcomy price action for hidalco with include sl and tr 1:5rr after breaking the resistance
HINDALCO trade ideas
Hindalco Long CallHindalco is showing positive trend and slowly looking to move higher..
its a strong trend change and can expect 3x plus returns from the stock..
Hindalco Bearish Move
Possible retest for HINDAlCO INDS. Demand could change into supply.
Sinds the end of March Hindalco has been facing a strong downtrend. Which could be resulting from the high Dividend payout Q1 2022 as investors have taken profit both from the bullish run and it's dividend higher payout.
Approaching the shorter time frames for a more intra-day trade, there is possibility for shorting. The stock's volume is corresponding with a most likely retest, as their is a little barrier occurring right at the previously mentioned formed supply. I recommend a risk reward of 3 due to the enormous selling pressure.
- David van Delden
Hindalco Reversal with confirmation candleHindalco reversal with confirmation candle with huge volumes buy call,sell put and buy future as per ur choice happy trading.
HINDALCO ELLIOTT WAVE ANALYSISHindalco the metal stock has been moving good for last couple of weeks.The stock is in wave 4 flat correction which will end around 410 and then the next wave 5 will start for the target 468 rupees.
HINDALCO INDS Parallel Channel Breakdown on Daily time frame.*HINDALCO INDS*
Time Frame: Daily
Observation:
* Parallel Channel Breakdown on Daily Time Frame.
Support/Target: 331 287
Resistance: 447
HINDALCO Weekly Now its in Bearish Mode as per Candles and Awesome Ocsillator and also now its Near to trendline wait and take an entry after a bullish sign
Inverted Head and Shoulder Pattern....🚀📈Breakout and retest of head and shoulder pattern will give a bull run in HINDALCO...🚀📈
Hindalco Good Base Formed (BO Soon)Incorporated in 1958, Hindalco Industries Ltd. is a flagship company of the Aditya Birla Group. The Co and its subsidiaries are primarily engaged in the production of Aluminium and Copper. It is also
engaged in the manufacturing of aluminium sheet, extrusion and light gauge products for use in packaging markets like beverage and food, can and foil products, etc.
Hindalco Breakout!!!Hindalco formed Cup and Handle pattern. If price sustain above 445 then we can expect a rally.
After three bases stock tend to give up gains - with exampleAfter three bases, stock tends to give up gains - for example
Stage analysis is key for stock investing.
Learn how to count the base correctly, and you will save
HEKIN-ASHI The stock is showing a bullish HEKIN-ASHI pattern and we can enter the trade and can stay in the game until a gravestone doji or your trailing stoploss is hit.
HINDALCO Buy for intraday tradingHINDALCO Buy for intraday trading if stock break the given resistance level............
Flag and triangle pattern breakout Wait till days end to confirm the breakout, if it breaks out there is a possibility of huge upper move.
Flag formation in Hindalco After a big rise again a triangle pattern in 4hrs time frame, can buy again if it touches the support line again today, and wait for break out.
Hindalco rounding bottomGave my view on Hindalco last month as it moved above 363-365 levels had a big breakout.
For now making fantastic rounding bottom, maybe it will consolidate for some time trend.
has got ex - dividend yesterday.
their is resistance near 430 - 450, if move above those levels and hold them, buy with conviction for 500 and 560.
Trend : NEUTRAL to positive, take position above 450.
Its a positional view, buy for short to medium term
place SL near 398
Disclaimer : these are my personal views take advise from your advisor before taking position.
RESISTANCE BREAKOUT - HINDALCO HINDALCO is trading at decent Level.
it has given breakout around 377.
RSI is trading above 50 which is around 60.
one can go for swing trade long for HINDALCO.
buy between 377 - 385
Target - 428
Stoploss - 354
BUY Hindalco at current levels of 360-363 for a Target of Rs.405Dear traders greetings.
The Hindalco Industries on its Weekly Charts is crossing the RSI-40 from below and entering the Sideways zone. It translates that on its 3-Hour Chart it has already crossed the RSI-60 levels and entered into the BULLISH Zone. So, I assume that as long as it holds on these current levels and closes positive today, It is expected to make a nice Up Move by the end of this week and reach the Target of Rs.405/-. The Target has been calculated assuming the reverse move (the Mirror Image) of the Biggest Falling Candle's height that occurred during recent weeks.
So, I think it can be a best buy at the current levels of Rs.360-363, for the Target of Rs. 405 in a week or so. and the Stoploss is Rs.349/-
Disclaimer :-
The trade idea(s) above mentioned is the outcome of my research and personal view and opinion. It is solely meant for the educational purpose. Trading or Investing in the stock markets involve huge risk of losing capital (partial or complete capital). So, please take an advise from a Certified Financial Adviser before taking any decision about Trading or Investing.
HINDALCO sell for intraday tradingHINDALCO sell for intraday trading if stock break the given support level then we will enter in trade.......
Hindalco Long - For educational and learning purposePlease consider this post for learning.
Managing risk and money management is more important than setup.
channel for informative and educational purpose onlychannel for informative and educational purpose only
