Hindalco is trading at channel resistance. A weakness with nifty weekly chart likely. many times we see a stock reverse after facing such running resistance. This is a educational view. Keep watch
I will strongly prefer Price to come into my zone & play as per my price action strategy. All levels Clearly mentioned in the chart i hope this will helps a lot.
Sell #HINDALCO below 569 keeping SL@597.40 for the target of 512.30 NSE:HINDALCO
NSE:HINDALCO #NSE:HINDALCO formed beautiful rounding bottom, breakout confirmation may give good momentum. Levels marked on chart for practice. Happy LEarning !!
We can buy if 583 sustain for target 629 603 initial target
Hindalco negative diversion in MACD and RSI given early caution signal trendline breakdown given awesome down move of 5% now trend is sell on rise
Breakout retrace pattern done Volumes are a concern hence a risky trade Traget : 664 SL: 619 (Closing) FOLLOW for more amazing ideas... LIKE AND COMMENT what you think about this chart...
The sector is on rise and the stock is moving up rapidly. The RSi is above 60 and the next targets are shown on chart
NSE:HINDALCO What will happen next ??? Hint:- { Today it faced again resistance @ its all time high.. it's a buzzing stock in market too... it's Almost making double top... } Choose any one options from below A) will it be able to shoot up again ?? B) will it fall from double top ?? ...
NSE:HINDALCO #NSE:HINDALCO trading bullish and completed retest from resistance. Levels marked for practice. Happy LEarning.
NSE:HINDALCO #NSE:HINDALCO shared yesterday and hit all 3 targets. Happy LEarning.
Hindalco Long Cup and candle pattern Breakout retest Buy at CMP- 592 or around 565 SL- 500 Target- 625, 690 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
HINDALCO Bullish Position SUPERTREND, PIVOT POINT and PRICEACTION
Hindalco has been consolidating in a parallel channel for 7-8 days. The support for the stock is near 550 levels. If the stock gives a breakout on the upper side the achievable targets are around 600 and 620 levels. The trade can give momentum, Daily time frame is good as the consolidation is what we look for. Wait for the breakout of the parallel channel and...
hindalco formed in head & sholder pattern in day chart. Use it for options and intraday
Hindalco has made new ATH, this can be considered by huge vloume of buying, hence it can be considered for LONG.
Technicals: Cup & Handle Pattern breakout. Good Volumes near handle breakout. Showing good Price and Volume strength. Momentum Indicators showing green signals. Safe Entry zone near 552-554. Stop Loss near 531.
#Watchlist #HINDALCO (W):- CMP 575 Looks Good For More Upsides :) #Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.