HINDALCO LOOKING GOOD FOR A BUYHindalco has created a bullish pattern, given breakout of recent high @ 508 and sustaining comfortably above that level.
Looking good for a buy @ CMP 515 and add if comes down towards 508 - 510 levels for the upside marked targets on the chart until 490 is intact on the downside.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
HINDALCO
HINDALCOHINDALCO:- Ascending triangle pattern is formed, if breakout together sustains then we can see upside movement
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HINDUNILVR DAILYLOOKS GOOD.
Hindustan Unilever Limited (HUL) is a British-owned Indian consumer goods company headquartered in Mumbai. It is a subsidiary of the British company Unilever. Its products include foods, beverages, cleaning agents, personal care products, water purifiers and other fast-moving consumer goods (FMCGs).
ONLY FOR EDUCATIONAL PURPOSE.
HINDALCOHINDALCO :- Keep an eye on the stock and wait for breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Long in HINDALCO.No matters how bullish the Markets sound to be we can always find good undervalued stocks, Hindalco is one of those company we are going to talk about.
Company majorly deals with Aluminum and copper, where it is a market leader in Aluminum rolling and recycling.
Stock has corrected more than 50% from its peek last year. why is that case, '' because in just two years of period stock has given 600% of massive runup and later on rally ended with fair correction. There is no any fundaments related issue till date. Sales and revenue seem pretty stable while FII stack has drastically increased.
Stock has formed strong support level where it has retested multiple times and move up. We can aim at least for 30% from this juncture.
It was completely my Analysis. Not a recommendation from my side, Please consult you finance adviser before investing
If you liked this Analysis do like and follow.
Hindalco BO of Falling Trendline on WTFNSE:HINDALCO has given a falling trendline bo on weekly chart. one can create a fresh position in hindalco at cmp of 440 or below with a stop loss of 380 for the targets of 500/560/620 in the near term.
Exit the position if the stop loss is triggered on WCB.
DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME.
I AM EAGERLY WAITING FOR YOUR COMMENTS ON THE STUDY...
Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
Hindalco Looking Strong - More Up Movehiii alll...
Greetings!
Hindalco is looking strong, I believe more up side is possible in the coming days.
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
I hope you found this idea helpful.
Please like and comment.
Share with Your Friends.
Keep Learning,
Happy & Safe Trading
Hindalco is moving in a channel and also in a triangle "Hindalco is moving in a channel and also in a triangle "
A good opportunity in Hindalco either we go for long / short by seeing the break out accordingly..
For the time being wait and watch.
* this is for study and analysis purpose only *
Thank you .