HINDALCOHad published this idea on 8th July, sharing this again as the trade is getting ready.... If u want enter now, enter with sl of 160 for upside till 168. The real run would start beyond 168 for 180 and even beyond in new upside zones.Longby akkshay11Updated 5
Hindalco-Buy above 168.5 ONLY INTRADAYBuy if candle close>168.5 SL:2 Points TGT:3 PointsLongby theTradingSailorUpdated 1
HINDALCO-Need a 3 waves for a correction to 130 then 200 Target.Market Commentary: First have an look for the positional trend i shared here previous....if you are a follower of me...and sometimes i will share the counter trend trade also in 15 mins and 1hr...but that is risky ones...so if the trend is bearish or bullish, if i am expecting the correction...book the profit there and wait the correction to end and again go with the trend....DONT TRADE THE COUNTER TRADE SETUP...you will took loss too...try to identify the sort term pull back and the long term pull back after that took small lots in the short term PB with strict stop and go with big lots in the trend side that is long term. I WONT TOOK ALL THE TRADE PLAN SHARED HERE... Read the market commentary inside the chart what i shared here carefully and try to learn Elliott waves...otherwise its tough to understand the market commentary and my analysis. I wont give a entry, stop loss and take profit in my chart...it is only for EDUCATIONAL PURPOSE and i am sharing how i am analyzing the pair and labeling them according to the Elliott wave theory...I AM JUST SHOWING THE TREND HOW IT MAY GO AND MY VIEW(it may wrong too)..so DON'T FOLLOW BLINDLY MY CHART..take this as a reference and if it correlate to you strategy took the trade as per your strategy...DON'T ASK ABOUT YOUR RUNNING TRADES i wont comment on them and I WONT SUGGEST TO TAKE MY TRADE SETUP. My style of trading is different from others and I WONT PLACE A STOP...but ALL MY TRADES ARE UNDER MONEY MANAGEMENT ACCORDING TO MY ACCOUNT SIZE...i wont close the trades even in the BIG NEWS EVENTS OR SCHEDULED NEWS TOO...i am technical analyst based on trendline, channel, fib retracements, expansion, stochastic for divergence, EMA's and MA's are finding the pull backs and MAJOR IS ELLIOTT WAVES...those mentioned past are using as a TOOLS only. I am not a fundamental, sentimental trader...but only the fundamental will boost my technical analysis to reach my target or sometimes it will go against me and then i will manage the trade according to the Elliott waves alternate views... Each and every trade plan i am sharing here has a alternate view and i am sharing only the most probabilities(70-80%) here...sometimes the other (20-30%) may market do..then i will change the wave counts and labeling according to the price action. All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS by nmkvijay8
Hindalco un channelKeep an eye on hindalco. Moving in good channel pattern. If it crosses 168.50-169 with good volume then will show a breakout or else short at that price for 158-156.by adarsh_B2
This stock have short term momentum to reach 180+Hindalco touch 180+ in short period of time orin a weekby pevindertechnical3
Hindalco buy with tgt of 180 / cmp 155 / SL148Hindalco will be breaking the channel and achieve tgt of 160 to 180 in July month expiry. HDOI160 #IdeaforeducationLongby AnantTraderUpdated 5
HINDALCOKeep on radar, and have a watch on 168 levels, if it breaches those, big upside coming then.by akkshay114
HINDALCO White Marubozu - Very Strong on all IndicatorHindalco Industries closed with White Marubozu today. Stock is moving under the rectangle box between 100EMA (Support) and 200EMA resistance. Today volume spike crossed the 20MA of volume and opened over the support trend line. Stock is outperforming Benchmark and Sectrol both index in 1 month and 3 month time period. Showing BULLISH in all indicator: CCI is Trending UP William %R is Trending UP ROC is Trending UP DI+ crossed 25 from below Stock outperforming from Benchmark and Sectoral Index High Increase in Future OI Aggressive New Long White Marubozu ---------------------------------------------------------- Support : 144 and 140 Breakdown : 146 CMP : 154.35 Breakout : 160 Short Target : 170 and 175 ---------------------------------------------------------- (Disclaimer: This is only for educational purpose.)Longby singajai2
Hindalco analysis for trading on 29th Jun 2020Hindalco analysis for trading on 29th Jun 2020by baladeva2
HIndalco - Amazing Pitch fork and Harmonic layout Hindalco rallied yesterday and today to make a high around 160. It cross the pitch fork higher line from April 30 high which and was facing resistance from extended line of higher pitch fork line. At the same, it made a harmonic bat pattern indicating a reversal. With the perfect timing made a good profit in the stock. Seems to face good support around 150 and have exited the sort position. Will take fresh position only once it break out 148 level which is point A of Harmonic patter and below the Pitch fork center line. by RahulNewar1
HINDALCO , InsideBar , Go Short Below 146.75 Inside Bar Formation ( 4 Candle Close Under One Candle ( Doji form on 16 june ) Price Is In Supply Zone ( Tested Once ) Price Is On Resistance Zone ADX Above 25 +DI IS Above -DI Go Short Below 146.75 SL :- 154.6 OR FOR Aggressive ( Previous To The candle which Broke 146.75 High ) Target On Support Of Trendline It can BREAK Trendline also So Trail Your Sl And Ride The Rally Shortby veenshUpdated 3
HINDALCOHindalco once breaks trendline on upside, then can see levels of 157 and 162Longby akkshay11Updated 7
Buy and Sell adviceWithin my specified channel Hindalco for Buy and target 160. If the 4 hours candle exits from my specified internal channel then suggest closing the position. Longby Munshi_Ali665
A previous gap down openKeep SL wisely. On 11th March there was a big gap down opening. Have been trading in the same zone, but at the same time strong upward move. That's why 2 probable roads for the next target.Longby rakeshjoshi_1993Updated 6
HINDALCO INDUS.THE OVERALL NIFTY METAL INDEX IS AT A CRUCIAL RESISTANCE POINT , NOW HINDALCO INDUS. IS AT RESISTANCE POINT , THIS VERY CRUCIAL RESISTANCE FOR HINDALCO IF I HOLDS THIS PRICE IT MOVE ON FUTHUR TOI TEST THE VPOC OF 159 , IF THE BELOW TREND LINE BREAKS IT CAN GO TO TEST THE PREVIOUS POC OF 145/140 , MONDAYS PRICE ACTION IN STOCK CAN DEFINE THE FURTHER PRICE MOVEMENT OF STOCKS , ON MONDAY IF THE PRICE BREAKS BELOW TREND-LINE WITH SOME VOLUMES THEN ON NEXT RETEST WE CAN LOOK FORWARD TO SHORT FOR TARGET OF AROUND 145/140 AND IF IT CROSSES RESISTANCE AND SUSTAINS WE CAN BUY FOR RETEST OF PREVIOUS VPOC LEVELS OF 159by Mindfreakak5
BUY HINDALCO For 132 136 140 143 150 153 161 169 SL 113BUY HINDALCO For 132 136 140 143 150 153 161 169 SL 113 TF 1 MonthLongby vivek_tradeUpdated 3