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HINDALCO

HINDALCO --INTRADAY SETUP -- 16/02/2022HINDALCO pick as intraday as on 16/02/2022.. Technical trend seen upside on 15 min chart, Recent bottom formation at support line as well as short term Resistance breakout clearly seen on chart , RSI move above 60 as bullish setup ON INTRADAY . Intraday support seen at 529-530 so this will also buy level if stock make some correction on intraday. Resistance at 540-550 this will be target on intraday . BUY HINDALCO @ 533.85 TARGET 540-550 stop loss 525 **THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk. ! HAPPY TRADING. !
NSE:HINDALCOLong
by champtrade111
1
Hindalco is at an important area…Hindalco is at an important area… Reasons/Traits : • Cypher bullish harmonic pattern formation seen • Below 20 and 50 EMA • Trend breakdown retested and an inside bar formation seen today • RSI, MACD and Stoch are in down trend • Earlier channel breakout failed What can happen next : Scenario 1 : Price sustaining above 460 levels can take it to 472/488/510/547 (to complete cypher harmonic bullish pattern) Scenario 2 : Price break down below 460 can take it down to 454/438/425/410/400 levels Important levels are mentioned above and it doesn’t mean it will achieve all one by one … price can hover along these prices and due course of time will tell us the price movement between these levels. 460 is important level and breaking it can take the price down or it can bounce back. Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
NSE:HINDALCO
by AdhigamaTrading
2
HindalcoI am taking a position in Hindalco for a long Trade. The idea behind the Trade: 1) RSI is positive and has shown a convergence breakout. 2) Golden Cross Over just after the breakout of the Channel. 3) Although the Shorter super trend hints at a Buy Signal, the longer super trend still shows a Downward trend. So you can wait for the trend to turn fully green. But as RSI breakout is supporting my view, hence I am proceeding with the trade. First Target is 506. The second Target is 545. Stoploss is 453.35, You can take some buffer.
NSE:HINDALCOLong
by nisachar
1
Hindalco breakout buy above 469Hello traders, the last stocks are performing well in this short time bullish market for now. Hindalco has given breakout above 460 levels and the volume shows institutional activity so I'll consider this a high probability trade. It is also a ascending triangle breakout, so it gives us another bullish trend confirmation. Buy above - 469 Targets mentioned in the chart above. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:HINDALCOLong
by this_is_shoaib
2
Simple Trade Setup | HINDALCO | 23-12-2021 [ INTRADAY ]NSE:HINDALCO Observations: 1) On 1day time frame,it gave breakout of both 100DMA and 50DMA. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date: 23-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:HINDALCO
by Trading_hawk
Simple Trade Setup | HINDALCO | 13-12-2021 [ INTRADAY]NSE:HINDALCO Observations: 1) On 1day time frame, it is between 50DMA and 100DMA. In last session it closed just at 100DMA. 100DMA is placed at 455.33 and 50DMA is placed at 467.45 level. Immediate Breakout level is 460. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, we can see it is forming rounding bottom pattern with breakout level at 460. However major breakout level is at 480 level. Please refer below chart : 1hr Time Frame. 3) On 15min time frame, we can see that it has been consolidating between 452-460 level range. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date: 13-12-2021 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:HINDALCO
by Trading_hawk
Hindalco - Flag & pole patternHindalco formed the Flag - pole pattern after a good bullish breakout. Once the price closes above the flag channel and a successful retest, we can expect a strong rally till 530. So wait for the breakout or hold on your long positions with a fixed stoploss, Big move is on the way Please share your valuable feedback. Disclaimer: Kindly do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.
NSE:HINDALCOLong
by natarajanshankar
6