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HINDALCOBULLISH

Short term trading opportunity in Hindalco Ind for > 10% upsideHi, NSE:HINDALCO has given a Bullish Inverted Head & SHoulder Breakout on Daily charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:HINDALCOLong
by raigvivek
Time to give a scare to CE writers ??Falling wedge (Ending Diagonal) is normally the end point of any corrective structure in EW terms. Even the current structure seems to have completed with this ED. The correction halted (if it has) near the golden ratio of the last rise from June lows. Today's close will be crucial in assessing if the correction is over - close coupled with Buy crossover in momentum indicator will confirm. Above 398-402 zone, the recovery could pick up speed as call writers may run for cover (we are already seeing covering in 410CE today). Can the price give a scare to 420CE writers (having highest OI). Lets see....
NSE:HINDALCO
by riskOmeter
HINDALCO - Ichimoku Bullish Breakout Stock Name - Hindalco Industries Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 504 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis.
NSE:HINDALCOLong
by nikunjbhadja
3
HINDALCOHINDALCO failed to complete the BOWL pattern now it is trying to make a CUP with Handle pattern Buying levels above 415 with the SL of 4 to 5 rs and we can look for 1:1 to 1:2 target or more depending upon the volume. selling is preferred below the 400 level and risky traders can have sold below 408 with the target of 404 up to 400 can continue further below 400 level Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.
NSE:HINDALCO
by SUTHARTRADE
Hindalco forming evening star.Hindalco forming a evening star pattern on a monthly time frame. In the month of April the stock has already given a downside movement of 15% and can move below upto the level of 410. On weekly time frame, the stock has closed below the 20 ema. The stock on daily time frame has been consolidating in a range and has closed below the 200 ema and a support level of 488. Analyzing the stock on 4 hour time frame,the stock looks bearish as it has given a bearish moving average crossover and has been taking resistance form its 20 ema. Support :- 477, 465, 448 Resistance :- 488, 510 The stock can move further down and on multiple time frame analysis its bearish with moving average, volume and candlestick chart pattern. Wait for the price action before entering the trade.
NSE:HINDALCO
by Mambotrade
SHARP V RECOVERY IN HINDALCO !!!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 ?? Comment down your answers with justification ,Let's see who will be good @ prediction....! Follow me , for more IMPORTANT CHART pattern discussions...! @VK2413 Happy Trading buddies...Like❤️ the chart if you loved the concepts..
NSE:HINDALCO
by VK2413