Hindalco - Forming BAT PatternHindalco gas completed BAT pattern formation.
It may take rally up to
Target1: 740 to 760
Target2:823 to 865
Time Frame by beginning of Dec'24
0.60USD
βͺ1.23β―Bβ¬USD
βͺ26.05β―Bβ¬USD
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About HINDALCO INDUSTRIES LTD
ο»ΏSector
Industry
CEO
Satish P. Pai
Website
Headquarters
Mumbai
Founded
1958
FIGI
BBG000BYP5L0
Hindalco Industries Ltd. engages in the production and marketing of aluminium and copper products. It operates through the Aluminium, Copper, Novelis, and All Other segments. The Aluminium segment manufactures and sells hydrate and alumina, and aluminium products. The Copper segment is in the business of manufacturing and selling of copper cathode, continuous cast copper rods, sulphuric acid, DAP & Complexes, gold, silver, and other precious metals. The Novelis segment engaged in producing and selling aluminium sheet and light gauge products. The company was founded by Ghanshyam Das Birla on December 15, 1958 and is headquartered in Mumbai, India.
Hindalco Industries Ltd for Intraday 25th October #HINDALCO Hindalco Industries Ltd for Intraday 25th October #HINDALCO
Resistance 700. Watching above 702 for upside movement...
Support area 680. Below 690 ignoring upside momentum for intraday
Support 680.Watching below 678 for downside movement...
Resistance area 700
Above 690 ignoring downside move for
@HINDALCO long term inverstment call
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HINDALCO
BUYING RANGE - 750-752
STOPLOSS 745
TARGET 770/795/832+++
HINDALCO FOLLOWING WAVEThere is clear visible that pattern formation is following wave analysiss as you can see 2 and fourth wave now look at 1 and third wave as well it shows next will be fifth and greater than first and third.now another concept is last week it is taken support at its gann fan cross(red line) which is .
Hindalco Industries- Bullish swing- Real movement may begin now! NSE:HINDALCO
09.10.2024
Buy-Above 728
Target 01-770
Target 02-794
Stop Loss-707
Risk Reward- 1:2
1.Doji and followed by engulfing candle stick formation
2.Side ways breakout and retracement found
3.Resistance turned to support level reaction
4.Upside movement volumes are more compared to dow
Hindalco Hindalco made a quick retest of 496 which was a important QM Level on weekly chart and has shown reversal on LTF. Time to go long with
T1 - 625
T2 - 712
T3 - 835
Hindalco channel movementHindalco moving in a channel and price expected to reverse from channel top trendline which confluence with AB=CD harmonic pattern reversal zone.
Entry around 750, SL if price settles above 760 in 1 hr timeframe, target 710.
Hindalco LongHindalco
MTF Analysis
HindalcoYearly Demand Breakout 636
Hindalco 6 Month Demand Breakout 636
HindalcoQtrly Demand Breakout 620.5
HindalcoMonthly Demand BUFL 662
HindalcoWeekly Demand 698
HindalcoDaily Demand DMIP 730
ENTRY -1 730
SL 715
RISK 15
Potential Target 822
First Target Point
HINDALCO - 4 months RECTANGLEββββββββββββββββββββββββββββββ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
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Hello Traders β
After a careful consideration I came to the conclusion that:
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Darvas Box Strategy - Break out Stock - Swing TradeDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop lo
See all ideasΒ
Displays a symbol's price movements over previous years to identify recurring trends.