Get started

HINDALCO

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
Simple Trade Setup | HINDALCO | 15-11-2021 [ INTRADAY]NSE:HINDALCO Observations: 1) On Daily time frame, It just closed above 10DMA. 10DMA is placed at 466.39 level. Please refer below chart : 1 day Time Frame. 2) On daily time frame, it is still below 21DMA. 21DMA is placed at 483.32 levels. Immediate support is at 460 level. Intermediate resistance is at 470 level range. Major breakout level range is 480-485 level. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 15-11-2021 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. Also note that, I have given very small levels , so that one can take trade from any of these levels w.r.t price action.
NSE:HINDALCO
by Trading_hawk
Simple Trade Setup | HINDALCO | 25-10-2021 [ INTRADAY]NSE:HINDALCO Observations: 1) On daily time, we can see that it took support from 50DMA and closed above it. 460 to 470 is immediate support range. Breakdown of it, will continues down fall. But if it sustain and take support from it then we can see reversal and an up move. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date 25-10-2021: 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: CASE OF ENDING DIAGONALENDING DIAGONAL : This is the most common diagonal that can be found out at the ending of a main trend or main correction. It consists of all the waves 1-2-3-4-5 in a single or multiple zigzags. They can be found placed at 5th wave of an impulse wave or can been seen as a wave ‘C’ of a corrective waves zigzags or flat. After the termination of the ending diagonal, a swift & a sharp reversal takes place which bring the prices back to the level from where the diagonal began. Trading strategy: One should go short on current levels keeping SL of 510 & look for the target area of 440/420/400
NSE:HINDALCOShort
by TradingSutra
long on Hindalco maintaining very good support at 464 buying zone as mentioned in the charts RSI at 60-40 earning results soon. waiting for vcolomes to raor the price. All breakouts and targets are mentioned on the chart. Do follow me for more such chart analsis if you like my work do like and cheer up. Also, comments your views on this. all the above analysis are as per my own observation and risk ape-tide , you may have any different views & observation, do your own study before taking the trade. trade on your own risk, analysis is just for educational purpose. Thank you.
NSE:HINDALCOLong
by yugant_14
2