NSE:HINDALCO
Observations:
1) On 1day time frame,it gave breakout of both 100DMA and 50DMA.
Please refer below chart : 1day Time Frame.
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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...
NSE:HINDALCO
Observations:
1) On 1day time frame, it is between 50DMA and 100DMA.
In last session it closed just at 100DMA.
100DMA is placed at 455.33 and 50DMA is placed at 467.45 level.
Immediate Breakout level is 460.
Please refer below chart : 1day Time Frame.
2) On 1hr time frame, we can see it is...
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...
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. ...
NSE:HINDALCO
Observations:
1) On Daily Time Frame:It made strong bearish Candle but taken support from 10DMA. Also closed just above critical level of 470.
10DMA is placed at 471.22 level.
Please refer below chart : Daily time frame.
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Trade Setup for Date 20-09-2021:...
NSE: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...
NSE: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.
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Trade Setup for Date 02-09-2021:
1) Don't Jump in to trade at the beginning of...
HINDALCO
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...
NSE:HINDALCO
It is still the same level.
All levels will work as support, resistance, Entry and Target with respect to price action on particular day near that level.
Do comment if you have any doubt or suggestion.
NSE:HINDALCO
Simple Trade Setup for HINDALCO on 02-08-2021.
Hope levels mentioned on the chart is easy to understand.
Do comment if you have doubt or suggestion.
TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk:Reward: 8-10 times.
NSE:HINDALCO
Today it tested the support of 407 range which is just above the consolidation zone. Which shows now the level 407 range is strong support zone.
Simple Trade setup for 29-07-2021.
Again today it closed above 415 level. If it remains above 415 then it will give good opportunity for buy trade above 415 level. Targets are marked on the chart.
Do...
NSE: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...
![HINDALCO: Simple Trade Setup | HINDALCO | 23-12-2021 [ INTRADAY ]](https://s3.tradingview.com/f/FJz0T4MN_mid.png "Simple Trade Setup | HINDALCO | 23-12-2021 [ INTRADAY ]")
![HINDALCO: Simple Trade Setup | HINDALCO | 13-12-2021 [ INTRADAY]](https://s3.tradingview.com/y/YX6IKOmV_mid.png "Simple Trade Setup | HINDALCO | 13-12-2021 [ INTRADAY]")
![HINDALCO: Simple Trade Setup | HINDALCO | 15-11-2021 [ INTRADAY]](https://s3.tradingview.com/3/3ltAc5LR_mid.png "Simple Trade Setup | HINDALCO | 15-11-2021 [ INTRADAY]")
![HINDALCO: Simple Trade Setup | HINDALCO | 25-10-2021 [ INTRADAY]](https://s3.tradingview.com/r/RQCSMFTR_mid.png "Simple Trade Setup | HINDALCO | 25-10-2021 [ INTRADAY]")
![HINDALCO: Simple Trade Setup | HINDALCO | 20-09-2021 [INTRADAY]](https://s3.tradingview.com/z/zkcUn7rj_mid.png "Simple Trade Setup | HINDALCO | 20-09-2021 [INTRADAY]")
