NSE:HINDALCO Observations: 1) On daily time, we can see that it took support from 50DMA and closed above it. 460 to 470 is immediate support range. Breakdown of it, will continues down fall. But if it sustain and take support from it then we can see reversal and an up move. Please refer below chart : 1day Time Frame. ...
Hindalco at short-term trendline support, also near 50 EMA which will act as a strong support point. Historically, in the past year, the stock has reversed most of the time from its 50 days EMA. Can go long here with SL below last swing low of 438, aiming for a target of new ATH of 600, giving a 1:4 R:R .
long in cash only when good candle closes above rising trendline for target 542 stop loss only 464
If Hindalco surpassed its ATH. It is likely that Hindalco will make new upper levels in coming days.
ENDING DIAGONAL : This is the most common diagonal that can be found out at the ending of a main trend or main correction. It consists of all the waves 1-2-3-4-5 in a single or multiple zigzags. They can be found placed at 5th wave of an impulse wave or can been seen as a wave ‘C’ of a corrective waves zigzags or flat. After the termination of the ending diagonal,...
Hindalco has a very important 6 time support from where it has recovered several times before . Recently the stock gave closing near this support . If the stock manages to break the support this time then we can see very good bearish momentum and easy intraday profits can be made. ENTRY : 474.0 (CLOSING OF 15 MIN BELOW THE SUPPORT) T1 : 468.80 (EASY TARGET) T2 :...
maintaining very good support at 464 buying zone as mentioned in the charts RSI at 60-40 earning results soon. waiting for vcolomes to raor the price. All breakouts and targets are mentioned on the chart. Do follow me for more such chart analsis if you like my work do like and cheer up. Also, comments your views on this. all the above analysis are as per my...
Hindalco has formed an Asc triangle pattern on 01/10 in 15 min chart. it's good to enter the script if friday's close is broken on monday opening.
Hindalco stock has made double top on hourly time frame along with bkt , bearish hidden divergences rd in rsi, macd, stochastic etc, we are having bearish bias in this stock, one can go short at these levels or on rise ( if any ) with stoploss of 486, all the key levels are mentioned on chart along with stoploss and targets. key levels are mentioned on chart...
Hindalco Channel BO above 500 on clb. Swing traders can watchout.
HINDALCO share tested multiple times the level of 485, . And every time the share rejected now again in tomorrow or day after tomorrow, . Stock will retest this level if it is goes above 485 with a good volume you can buy this trade, . For the target of 495, 500 is a strong resistance level so maybe it will not break the level. . What's your view on this comment...
Hindalco about to break all time high One can go long, if it breaks 490 level with small stoploss.
NSE:HINDALCO Observations: 1) On Daily Time Frame:It made strong bearish Candle but taken support from 10DMA. Also closed just above critical level of 470. 10DMA is placed at 471.22 level. Please refer below chart : Daily time frame. ------------------------------------- Trade Setup for Date 20-09-2021: 1) Don't Jump in to trade at the...
Hindalco CMP 486 Potential Line of resistance around expiry comes at 513 levels _____________________________________________________________________________________________________ Given the set up, one may consider to Bear Call spread strategy Sell 510 Call option around 5 & Buy 540 Call Option currently around 1.7 Lot size 2150 Net receivables 3.3 * 2150...
Hindalco 15 min time frame analysis Traders can go for swing trade for Hindalco . See the movement and Go long or short as per the trend *We are not SEBI registered This is only for educational purpose. Please consult your advisor before making any trade or investment
Hello Traders👋 Today i have made a post on HINDALCO 4hr I hope you find this post helpful and informative👍 The targets and stoploss would be given in the charts or they would be according to pivot points Thank You —DISCLAIMER— I am not a SEBI registered financial advisor Please consider your consultant's advise a must , all the setups posted here will...
buy above 475 in Intarday For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapup or bo before 9:20 If...
NSE:HINDALCO Observations: 1) On 15 min Time frame, we can see that it had made hidden bullish divergence and gave good upmove on 3rd sept from the intraday low made on 3rd sept. Please refer below chart : 15 min time frame. 2)On Daily Time frame we can see that on 3rd sept it has clossed above earlier resistance range 455-458 level. Please refer...