Hi guys, In this chart i Drew My Best Levels in HINDALCO for Long, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
HINDALCO failed to complete the BOWL pattern now it is trying to make a CUP with Handle pattern Buying levels above 415 with the SL of 4 to 5 rs and we can look for 1:1 to 1:2 target or more depending upon the volume. selling is preferred below the 400 level and risky traders can have sold below 408 with the target of 404 up to 400 can continue further below 400...
FORMING ROUNDING BOTTOM If cross and close 401.50, May consider as breakout. TARGET UPTO 439 WHICH IS ALMOST 9%.
Hindalco taking resistance at previous swing high Bearish Candle breaking 100 SMA Go Short at CMP 436 Target 350 SL 465 (Closing Basis)
** HINDALCO -- INTRADAY SETUP -- 15 MIN CHART -- 19/09/2022 1. Trendline breakout seen at 15 min chart last 15 min candle 2. trix histrogram seen crossover at current level 3. bullish signal from ssl channel indicator 4. pullback candle seen from oversold at 15 min chart 5. intraday support seen at 405 and resitance 430-435 level 6 BUY around 408-412 ...
As in the chart, we can see that HINDALCO successfully achieved its previous breakout zone but started consolidating at the level of 412 - 450. It created a box pattern. based on these levels we are expecting a gap-down opening which can lead it to up to the level of 400. expected price opening to be around 412 to 410 THE FIRST TARGET ON SELL SIDE is FRIDAY'S...
Hindalco gives a breakout on rounded bottom chart pattern and now its on consolidating area. You can look for an entry if the prices gives breakout on consolidation area.
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
A flag and pole Pattern Formed in hindalco After a Rally, After a Breakout You Can Expect a Good Move Again…
HINDALCO as per daily chart level Above 422 then Target 437 level.
let the candle close above 420(in daily or weekly timeframe). Good for long term. Before investing please check the fundamentals.
Weekly volume is not supporting the price movement. But daily Volume is with Price. BO can lead to Gap fill. Good RR we can catch.
HINDALCO if Breaks Below 375 then it will go down to fill the Gap @ 352 ( Target ). Happy Trading to All.......
HINDALCO is about to Break out and Buy Above 388 and Target 635. There has been change in the holding patterns in last few days. and it indicates FII have beginned their entry middle of this month onwards. 18.07.2022 FII Net Holding 156.08 Cr DII Net Selling 844.33 Cr 19.07.2022 FII Net Holding 976.40 Cr DII Net Selling 100.73 Cr So iam anticipating a uptrend...
Hindalco inds seems like inverted pennant flag pattern. when it will breakout downward, then only pattern will be activate. Otherwise keep concentrate for breakout whether up or down.
Hindalco in range, lower to higher can be traded. Currently near the lower channel, good chances that it will reach the higher channel, break of lower is SL.
30 minute TF Perfect Ascending Triangle pattern Will add more Qnty if it sustain 325 until Upward Gap was filled @ 338.
Hindalco Reaching to buying zone soon a good buying zone as per weekely charts