Date : 26-Mar-2024 Rating : Buy - Positional Trade LTP : Rs. 558.65 Targets: (1) Rs. 620 --> (2) Rs. 636 --> (3) 675 SL : Rs. 515 Technical View: • NSE:HINDALCO is in its primary uptrend since end of Jun 2023 and was recently going through it's secondary downtrend. • After touching the high of 608.95 on 8-Feb-2024, it has retraced 18% to 499 level. • ...
Decent volumes in the last week and strong volumes in this week as well, a good price action breakout from the cup and handle pattern. Target of 900++ SL 505
Hindalco has created a bullish pattern, given breakout of recent high @ 508 and sustaining comfortably above that level. Looking good for a buy @ CMP 515 and add if comes down towards 508 - 510 levels for the upside marked targets on the chart until 490 is intact on the downside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!
"Hindalco is moving in a channel and also in a triangle " A good opportunity in Hindalco either we go for long / short by seeing the break out accordingly.. For the time being wait and watch. * this is for study and analysis purpose only * Thank you .
Bullish if Sustain above 414 Next Res @ 450 Support @ 410
The scrip is preparing for breakout, keep in radar. easy trade setup.
Hindalco trading near it's hourly support zone @ 405 - 395 and expected to show a bounce towards marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Sell Hindalco At Cmp 414.5 & On Rise SL - 440 ( Day Closing Basis ) Target - 360
HINDALCO as per daily chart level Above 422 then Target 437 level.
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.
No Spoon Feeding. Do UR HOME WORK Wisely !!! Better homework will provide U best result.
30 minute TF Perfect Ascending Triangle pattern Will add more Qnty if it sustain 325 until Upward Gap was filled @ 338.
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.
We can buy if 583 sustain for target 629 603 initial target
Hindalco ltd. in a downtrend nowadays. According to Harmonic pattern & Fibonacci, there are some important levels to short :- Target 1 - 566.00 Target 2 - 550.00 Trade will be only Confirmed if price close below 580.00 on Daily Timeframe.
Hello 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...
NSE:HINDALCO #NSE:HINDALCO trading bullish and all levels mentioned on chart !!
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...