Hindalco- Any Dip Above 167.50 -as buying opportunity

214 9
We have key support 167.50 - any dip holding above 167.50 can be taken as buying opportunity for short term target 178-180's & moving beyond 180- travels close to previous high 184-185.

Related Analysis Attached Below
Trade active: 10:26 Hrs 8th Dec2016

Last Price@179

Dips yesterday to 172 - Pushes upside 7 bucks-- Amazing
Trade active: 10:36 Hrs 9th Dec2016

Last Price@181.35

Day's High@183 - Moving Better & close to previous highs 184-185- Going above 185 - It shoots upside
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Hi Abhishek, Hindalco made a low around 147. Superb analysis!! Another crowning glory. :)
What is your view ahead? Can we expect some short covering in it now?
@nirav5, Thanks, Let me check -I shall revert back.
@nirav5, (6th Jan2017) O!!! Nirav- I guess I missed this one due to hectic schedule apart from the passion, I have to keep my job- Well-coming back to the analysis--bounce back from 147 came to 162 today--no issues -we will get another trading opportunity below 147. Shall be doing a new update in a short while from now. Regards
nirav5 AbhishekHSinghCMT
@AbhishekHSinghCMT, Fine thanks.
Expecting a bounce back today!
@tRex88, is this a question or update from your end
tRex88 AbhishekHSinghCMT
@AbhishekHSinghCMT, It was my update, sir. I had observed a parallel channel for Hindalco on daily chart (valid from Feb 2016) and currently the candle is near the lower part of the channel. I was expecting a bounce back today. But it didn't happen at the same time the channel pattern was not violated.
Hope to see a bounce back tomorrow!
Wow Hindalco trading above 179.
@nirav5, Awesome
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out