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Hindalcobuying

Simple Trade Setup | HINDALCO | 23-12-2021 [ INTRADAY ]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 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
Simple Trade Setup | HINDALCO | 06-09-2021NSE:HINDALCO Observations: 1) On 15 min Time frame, we can see that it had made hidden bullish divergence and gave good upmove on 3rd sept from the intraday low made on 3rd sept. Please refer below chart : 15 min time frame. 2)On Daily Time frame we can see that on 3rd sept it has clossed above earlier resistance range 455-458 level. Please refer below chart : Daily time frame. 3) On 5min intraday chart it had made bullish flag and pole pattern and gave breakout of it in 2nd half on 03-09-2021 and also took support from 460 level. Now 460 level will work as immediate support range. Please refer below chart : 5min time frame. ------------------------------------- Trade Setup for Date 06-09-2021: 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. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:HINDALCO
by Trading_hawk
1
Simple Trade Setup | HINDALCO | 02-09-2021NSE:HINDALCO Observations: 1) On Daily Time frame you can see that it has followed FIB levels perfectly and immediate critical support level is 458. Please refer below chart : Daily time frame. ------------------------------------- Trade Setup for Date 02-09-2021: 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 tomorrow. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:HINDALCO
by Trading_hawk
2
Simple Trade Setup | HINDALCO | 11-08-2021HINDALCO It has been taking support from the trendline. If tomorrow, 11-08-2021, it takes support from the trendline or breakout this trendline then it will be a quick buy trade. Safe buy trade will be above 430 level breakout with RSI trendline breakout. If 430 levels breakout but RSI trendline still remains below trendline then better to wait. Below is the chart on Daily Time frame. As you can see it has breakout kind of rounding bottom and now it is testing the breakout level of 425. If it remains and takes support from 425 then for positional trade it will be good buy entry. And it it closes above 436 level then it will be considered as a reversal of downtrend. --------------------------------------------------------- Hope I made it simple to understand the levels and trade setup. Do comment your doubt or suggestion. All the best.
NSE:HINDALCOLong
by Trading_hawk
12
HINDALCO CUP AND HANDLE PATTERN BREAKOUT| TRADE SETUP 28-07-2021NSE:HINDALCO Today, 27-07-2021, it gave perfect breakout of cup and handle pattern with good move and volume. Also our Target hit. Trade Setup for 28-07-2021. It closed above 415, which is a good sign. TOMORROW, if it goes below 415 and then test the support from range of 412.80-413, then go bullish. For Intraday, at least Book your profit or partial profit at 420 level. As 420 is having highest call writing addition today. And if it keep on trading above 420 then the next target will be 425-428 zone. For the sell side once it breaks the 410 level with bearish red candle then go short till 1st small target 407 and then 400. Hope you had a good profit from this trade today. Do comment if my ideas are helping you to understand trend, levels and price action. Let me know if you have any doubt or suggestion.
NSE:HINDALCOLong
by Trading_hawk
3
HINDALCO | LEVELS AND TARGET | 20-07-2021NSE:HINDALCO Today HINDALCO Tested previous resistance of 396 level and that resistance turned in to support today. This 396 resistance range was breakout with big bullish candle on 15-07-2021. So this type of correction was expected. Tomorrow, 20-07-2021, if it sustain to trade and follow trendline then there will be up movement. It can face the first resistance at 400-403 range. Once this range broken then aggressive trader can took position till target of 407. For the safe trader it it better to take position after 407. Targets are mentioned on the chart. Below range of 392 it can give a safe short/sell trade. Let's see how price action works tomorrow. All the best for the trading tomorrow. Do comments if you have any doubt.
NSE:HINDALCOLong
by Trading_hawk
1
Hindalco - Channel pattern🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:HINDALCOLong
by PrakWorld_Traders
Hindalco Industries Ltd : Upside or Downside Momentum ? CommentChart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. 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 advisor before taking any trade. The above references as an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
NSE:HINDALCO
by GavinChris