HINDALCO INDSHINDALCO INDS
It has broken a trend with the perfect move, chances are for long. I have marked the support and resistance
HINDALCO
Hindalco 8th December predictionHindalco 8th December prediction on the basis of Technical analysis and price action.
This post is only for educational purpose.
NSE:HINDALCO
HINDALCO important levels for long term investmentHINDALCO important levels for long term investment
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
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.
Hindalco continues its falling trend.After reaching a high of 553, the scrip is in falling mode with more selling pressure. Presently it testing its previous support of 413 and the future of the scrip will be decided on the basis of fresh support with good volume at this support level for the uptrend. else further fall is expected up to 382.
hindalcosell below 436
sl 454
target 400
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
HINDALCO _ LONG TERM TREND ANALYSISBased on the recent corrections Hindalco shall be testing 398 level. It's 200 DMA is at 402.
If it can sustain above 402. we can expect 450 as short term target and 525 target as long term.
Please check with your SEBI registered adviser before investing.
Happy investing.
Breakdown on Trend line with Nifty MetalsOn the last trading day, Nifty Metals had faced the breakdown of his trendline on daily chart. Now it will take support from it's next support level at 5282 & 5169 & then 5000. Such fall in Nifty Metals will cause more panic in market and we will see more decline in price of its major contributor Shares which are Tata Steel (23.56%), JSW Steel (15.38%), Hindalco (15.18%), Vedanta (9.06%).
Hindalco CASE studyHindalco spot cmp 442
parallel channel structure
horizontal demand zone as per previous swing
bullish divergence on rsi
bullish harmonic abcd pattern formation
lots of study matures around same levels of confluence
let see whats in store
Hindalco Trend AnalysisRating: Neutral with negative bias
Level: Broke trend line support
Business Outlook: Good performer in Metal Sector
Hndalco -Short CoveringImportant Levels...........................................................................................................................................................
HINDALCO CHENNAL PATTERNLong Monday Hindalco Cmp - 468 TGT - 525,530 SL - 435 Follow ME Friends More Analysis And LIKE NOW
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.
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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.
IM ALREADY ANALYSIS HINDALCOCopper is impartant for electricity
HINDALCO one othe favourite stock in metal nse
Jsw steel
Tatasteel
It's benifit with metal and gas ,
Metal was melting 🤩 it's gas free producing own .,
It was post later ,
HINDALCO: Forming Wolfe Wave In the process of Wolfe Wave formation. 450-440 is a very good accumulation zone. The reason is the 100 DMA , which has acted as a very strong support earlier and the Fibonacci retracement (Gann Level & Golden ratio level). Wait for it to respect the pattern and confirm a reversal.
Then the targets will be update in update idea section.
CHART & ANALYSIS - ADARSH DEY
Hindalco taking support from trendline (Swing Trade)Hindalco is taking support from a trendline on daily timeframe, after a good fall it is probably taking a correction/retesting. As on the previous day it has formed a Doji candle. There is a good chance that the price could go up from here in a few days or weeks.
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.
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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.
HINDALCO contra buyHindalco at short-term trendline support, also near 50 EMA which will act as a strong support point. Historically, in the past year, the stock has reversed most of the time from its 50 days EMA. Can go long here with SL below last swing low of 438, aiming for a target of new ATH of 600, giving a 1:4 R:R .
hindalco bullish ab=cdlong in cash only when good candle closes above rising trendline for target 542
stop loss only 464
Super breakout in HindalcoIf Hindalco surpassed its ATH. It is likely that Hindalco will make new upper levels in coming days.
