Long hindalco above 470 TGT 472-475 . Stock forming higher highs & expected to form new day high soon
NSE:HINDALCO Observations: 1) On Daily Time frame you can see that it has followed FIB levels perfectly and immediate critical support level is 458. Please refer below chart : Daily time frame. ------------------------------------- Trade Setup for Date 02-09-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for...
Bearish harmonic and wolf wave formation expecting good fall in counter from current levels good short candidate
Target:- 646 Stoploss:- 436 Stock has already touch the support line, take support and going upward. This is clear indication of short term bull run. So we can take long position there.
HINDALCO formed a Descending Broadening Wedge Pattern on 4-hour chart after the price peaked. Right now price is at resistance and is on the verge of giving a breakout.
hindalco chart anaysis for intraday and swing trading
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 8-10 times.
Watchout for Monday's price move.. If it gives a breakout you can enter the trade
HINDALCO It has been taking support from the trendline. If tomorrow, 11-08-2021, it takes support from the trendline or breakout this trendline then it will be a quick buy trade. Safe buy trade will be above 430 level breakout with RSI trendline breakout. If 430 levels breakout but RSI trendline still remains below trendline then better to wait. Below is...
HindalCo made Flag Pattern, We can expect good moves in upcoming days.
NSE:HINDALCO Simple Trade Setup for 09-08-2021. Chart and levels are easy to understand. Do comment your doubt or suggestion.
Buy @441 Target - 450+, 470+ SL - 425 Possible Pullback From Support. Looks like a FLAG pattern also.
Hindalco Levels mentioned in the chart _____________________________________________________________________________ F&O Strategy Consider selling Hindalco 26 Aug Expiry 470 Call option (currently at 7.65) Max profit potential Rs 16447/- per lot Loss protection for a rise in stock price up to 477.65 till expiry day
NSE:HINDALCO It is still the same level. All levels will work as support, resistance, Entry and Target with respect to price action on particular day near that level. Do comment if you have any doubt or suggestion.
NSE:HINDALCO Simple Trade Setup for HINDALCO on 02-08-2021. Hope levels mentioned on the chart is easy to understand. Do comment if you have doubt or suggestion.
Hindalco Given Breakout one can go long with minimum risk
NIFTY 50 EOD ANALYSIS -30-07-21 IN SUMMARY Open / High / Low / Close 15800.6 / 15862.8 / 15744.85 / 15763.05 Trading Range Low to High: 118 points Likely Max Realistic Opportunity @ 50%: 59 points India VIX: 12.8 / -1.16% FII DII activities: -932 Crores CHART BASED CONCLUSIONS The opening candle on the 5 minutes chart was a shocker - almost 80 points and...