Plan with HindalcoWill it be breaking out here ?
Huge trend since 2019
Might look for a long on lower tf not shorting this as it will be against trend.
HINDALCO trade ideas
HINDALCO Intraday Opportunity Narrow CPR - 17-Aug-2020We can trade Hindalco for indraday because it has Narrow CPR on 17-Aug-2020 . You can Buy near CPR if it's trade above CPR or Sell if it's trade below CPR and Book profit near R1, S1 or trailing for more profits
R1 - 189.40
CPR- 185.0
S1 - 180.40
short hindalco ???stock is has now been taking support from its monthly resistance level. inverted hammer pattern suggest it will go down to levels as indicated on short term. however, the auto index needs to be closely watched as it is rising and rising !!.... undesided on the trade direction....but slightly inclined towards the downside. lets see...
HINDALCO Weekly/Daily supply zone 185.4-199.2HINDALCO Weekly/Daily supply zone 185.4-199.2
pro:
1.Daily 3 exciting candles from the zone
2. level over level
cons:
1. 240/120 does not have good structure
2. MEtal is trending now, so be catious even it may react from weekly supply.
So, take confirmation entry
cmp_182.4 . its reacting from the supply zone 11Aug2020
Hindalco - AB=CDHindalco has abcd pattern along with rsi negative divergence on daily chart. Targets on chart...
Hindalco breakout/reversalHindalco is at the edge of breakout or reversal... will go long if it crosses
bullish harami + bullish marubozu todayclear harami (yesterday) + marubozu (today)+ volume checks out! should have taken the trade yesterday.... lets see
Hindalco - WolfeWaveHindalco has wolfe wave and 90% times it hit target... All targets marked are reistance...
HINDALCO , Pull Back Trade Buy Above 161 .Price Is In Demand Zone .
Swing Retraced 0.618 And Taking Support .
Buy Above 161
Sl :- 154 , 151.5
Target :- 167 , 180
R-0102 Short Term Buy HINDALCO @163.00-164 SL 159.7 TGT 172Short Term Cash Buy HINDALCO @163.00-164 SL 159.7 TGT 172
TK cross over + MACD cross over + ichimoku cloud break out at 160 + above VWAP
hindalco intraday buy 163-4
tgt 167
sl 161
only for intraday...
**i am not sebi registered analyst **
