Trendline breakout HINDALCOClose above 205 can see the levels of 210-213-216. RSI trending above 65 levels.
View negated below 203 closing.
HINDA trade ideas
HindalcoOnce a candle gives a close below low of the candle that has broken down below the channel one can go short and keep riding untill it closes above green EMA line, be watchful of this opportunity
HINDALCO - GO SHORT WITH A SL OF 219 AND A TARGET OF 180HINDALCO - GO SHORT WITH A SL OF 219 AND A TARGET OF 180
Short Positiion !!Good short postion ......trend is down
But Have a buy on the market .....because it also saying the reversal pattern ....so observe and trade
if it reverse from this level then have LONG position ......
HINDALCO INDSDOJI AND THAN HAMMER
BUY HINDALCO INDS ABOVE 207
GAP BETWEEN SIMPLE MOVING AVERAGE AND EMA EXPAND EXPECTED
WITH A TARGET PRICE OF 230
HINDLACOSeems to have bottomed and consolidating well along with rest of the sector.
the range is 190 to 220 in which the moves are happening.
Look for an up move abv 210 as and when the trend rverses
buy only abovebuy above 204.25
target 208.25
SL: 200.25
bad R:R 1:1 but it works
SELL only 199.55
target 194.25
hindalco in channelprice closing below the channel will result in moving of hindalco price near the support (green line)
there is a divergence between volume accumulation and price. indicating high probability of breaking the channel in downward direction.
HINDALCO - DAILY - BULLISH GARTLEYI Can see a BULLISH GARTLEY in HINDALCO at DAILY TIME FRAME..
RISK REWARD shown in the chart.
