HINDALCOMetals have not rallied yet and if it turns up in coming week then hindalco may have good upside. Long with SL of 407
HINDA trade ideas
Hindalco Upmove expectedHindalco is at 408
SL: 404
Target: 477
Aggressive player can enter in it due to Good Risk: Reward Ratio. Safe Players wait for Price action confirmation.
Choose your segment wisely.
Long Term investor can Plan for 566.
Symmetrical Triangle in HINDALCOKeep a close eye on HINDALCO.
Symmetrical triangle pattern forming.
If price breaks out, look for buys.
If price breaks dow, look for sells.
HINDALCO - Bullish Momentum with VolumesNSE: HINDALCO is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
HINDALCO INDS Make triangle chart pattern in 4 hour time fram , take support of 50 EMA , MACD and histogram saw fair value for bullish way if take break out at resistance level first Target will be 492.45 if take break out at support level Target will be 327
This is for educational purpose not a trading advice so that's my view comment down your view.
HINDALCO--Bullish Gap or Bearish Gap ??observations::
previous demand zone resisting the price to go up...
If price breaks the demand zone price completes...bearish gap.
before going to fill the bearish gap, we have a bullish gap left @410 range...
if this acts as support...we will observe bearish gap be filled soon.
keep track this zones...
HINDALCO DAILY CHARTRange is set on daily charts of HINDALCO.
Any move beyond it will resume the trend.
Hindalgo Trade analysis..Nearing resistance line May be reverse form here.
Holding above 420 can give movement up to 450 levels also. Let see.
Need gap up opening above 420 then retrace then further upside can. ?
If flat or negative open then will go down ?
Hindalgo Trade analysis ideaNearing resistance line May be reverse form here.
Holding above 420 can give movement up to 450 levels also. Let see.
Need gap up opening above 420 then retrace then further upside can. ?
If flat or negative open then will go down ?
Bearish on hindalcoAccording to the present date and conditions, I am looking Hindalco on a bearish side according to the technical side.
There were multiple factors making this stock bearish.
1. Stock pattern was in the downtrend.
2. Failing to cross and sustain above important resistance
3. Stock price below important moving average levels.
Only we can turn bullish on this stock if it closes above the trendline stronger. you can see the trendline drawn on this chart.
Coming to support, Hindalco shows decent support at 382.
HINDALCO LOW RISK HIGH REWARD IDEAAs per my analysis, it is the best time to take buy entry at 404-405 on NSE:HINDALCO with stop loss of 395 (-10 Points Risk). My expected upside target would be 414 & 433 (If any daily candle closed above level of 415.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
Looks goodLooks good if it breaks the triangle.
Not an investment advice. Do your own due diligence before investing.
{HINDALCO}:{NEEDS TO RISE BY 13% to REACH THE MONTHLY SUPPLY}
Price has given a Buying Signal and has given a Pullback into a Potential Monthly Demand and should shoot to the Resistance formed @ 458.60
ENJOY THE RIDE ! ! !
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
#hindalco looking good for upcoming day#Hindalco... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
INTRADAY IDEA ON HINDALCO ON 2-05-2023in HINDALCO we will take a long trade,this content is made for learning and educational purposes only. we are not responsible for any losses or profits.
Short term call Buy Hindalco above 440 for the target of 472 /505. Sl 410
on holding basis....
Short Term Call...
