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HINDALCO

Hindalco: Play For BounceAlthough I presented the trade on weekly chart yet it would be small swing trade which may take just few days to either hit the targets or stop loss. Partial or full profit booking at first target could be done as overhead supply may hurt the upmove. Some might disagree with my Cypher pattern so I urge them in advance to take it easy :) All nitty gritty details are mentioned on the chart itself. The stock is highly volatile so risk averse traders may opt to stay out of this trade. As per my setup Risk to Reward is not exactly 1:1. So those who want exactly 1:1 may wait for pullback to 215.50 but only after hitting the 217 entry . All the best for the week ahead. Regards
NSE:HINDALCOLong
by Bravetotrade
My Predictive Engine's Intraday call(23-Mar)-Hindalco-Long Off-late I started investigating more on predicting the next candle for the day and seeing enough success by using the patterns of various indicators. Pine scripting in tradingview has helped a lot to automate everything and create necessary signals. Based on the engine's call, tomorrow (23-Mar-2018) will be a super "GREEN" for Hindalco NSE:HINDALCO Buy above: 217.3 Target-1: 219 Target-2: 220 Target-3: 220.95 Stop loss: 215.4 Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
NSE:HINDALCOLong
by MuthiahM
Hindalco - LoooooongRefer chart : classic Text Book pattern. No Naked trades , Use strategy : 1) Buy 230 Dec calls , sell 250 Dec calls --- My preference. 2) Buy Dec future , Sell 230 Dec call 3) Sell Dec 240 or 250 Put , Buy 220 Put 4) Buy 2 lot 230 call , Buy 1 lot 230 put check what strategy suits you ,And execute your trade . Beware lot size is 3500 , so risk is high , manage your risk , If not enough capital don't take F&O trade. (Consult your financial adviser before taking any trade )
NSE:HINDALCOLong
by neneram
Hindalco : Breakout Off of Daily coupled with 15 Min TFHindalco has been struggling to Break out of the Range since months on Daily TF, but this time theirs high probablity of breaking out of the range looking at the maturity of the pattern on Daily TF. The Channel as well as The Ichimoku Cloud has been broken out on 15 min TF. After the open on Monday, Hindalco may test the 200-201 level which is a strong area to enter into the trade. Targets can be around 207-210 or one may trail the Stoploss. SL should be at around 198.30. Good R/R Trade. It may take a day or two to reach the targets.. so I'll keep you all updating on this, Stay Tuned :)
NSE:HINDALCOLong
by RJUN
8
Hindalco Short Engulfing at significant Fib levelThe prices are moving in a parallel channel since 01.02.17. Second last bar seems to be an pseudo Upthrust bar with good volume as last bar was a bearish engulfing and that too at significant 61.8 Fib level. One can short the stock taking the high of this bar as stop loss(closing basis) and look for the lower boundary of channel as first target which is quite reasonable risk to reward. However trader with patience can wait for the move till 170.
NSE:HINDALCOShort
by praveen.bhatiya
2