HINDALCO
Hindalco (INTRA)on lower time frame upward channel breakdown with breakdown - retested. keep it on radar below 354 there is gap too. (short Side) on day time frame RSI -ve diversion with bearish candle but it required followup selling so watch below 354 above 365 view is neglected.
Hindalco - Daily Flag nad Pole - SwingHindalco can be a good swing trade as per the flag and pole pattern.
Levels mentioned on the chart.
Trade as per your own risk. This not a call . Just from analysis perspective
Hindalco - Short term OpportunityNSE:HINDALCO NSE:HINDALCO
Hindalco breaking from Flag pattern with good volume
Any retracement to mentioned zone 340-335 is good long opportunity
Cautious below close of 325
HINDALCOHindalco is looking bullish in both long term and short term perspective. For short term enter only above 363 with the target of 406 and stop loss of 346.5.
This is only for educational purpose. Trade with your own risk.
Hindalco Industries Ltd If this breaks the high of the breakout candle, you have to enter
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My SL is below the supporting level
Hndalco WeeklyHindalco weekly channel breakout retest and continuation. Looks good for long entry now with Stop below 300.
RSI Bearish Divergence on NIFTY METALThe index gave a good breakout yesterday, however the RSI has not been supportive of it.
We can expect correction in metals in the coming days.
Hindalco Industries - SWINGConsider for long (only small quantity)when flag trendlines break. Add more when daily candle closes above 360.
P.S. Pattern fails if lower TL of flag breaks or daily candle closes below 290
Hindalco Flag And PoleThis analysis is only study purpose.this is not any tip or call. Do trading after your own analysis.
Hindalco is making flag and pole pattern. Wait for breakout. Watch Some Other Factor also like RSI.
Short HindalcoI hope you can now see how HINDALCO represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
HINDALCO FLAG AND POLENote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading.
NIFTY METAL INDEX BreakoutNIFTY METAL Index is outperforming Nifty 50 Returns and Today we have seen Fresh trendline breakout, We may See Metals Stocks Shining in next few trading sessions. Keep A close watch on TATASTEEL, JSWSTEEL, JINDALSTEL AND HINDALCO
HINDALCO Technical chart analysisHINDALCO trading in an Rising wedge pattern, a clear pole and flag is visible in chart.
If breaks above good to go long..
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