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
Hindalco has given a breakout today & it's also at a good level to catch Why Hindalco is a Buy? NSE:HINDALCO Reason for Buy:-You can see metals are Inversely Proportional to Autos. Even as of now, metals are standing stronger when volatility comes in the market. This gives the Idea that the demand for metals is more than the supply, making the price move...
HINDALCO - Seems a clear BO on the daily/ weekly chart. Plan the trade and take it as per your risk apatite. Comment with your opinion/analysis/thoughts on this. I'm a stock market learner.
Here Hindalco is breaking 200Day MA. It is also breaking and closing above FIB .382. In nearly future It can easily touch its Fib .618 Setting up 2 target TG1 472 TG2 511
Hindalco gives an opportunity for a long trade by numerous confluences 1. consolidatory break of the 200EMA 2. Break of Resistance zone 3. Favourable risk to reward ratio 4. High Volume 5. Upward channel support Stop Loss below the recent consolidation low
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.
30 minute TF Perfect Ascending Triangle pattern Will add more Qnty if it sustain 325 until Upward Gap was filled @ 338.
Hindalco is trading near its 20 ema on an hourly time frame. It has been respecting its resistance level too. If the stock trade below the 539 level, it can fall further. If the stock gains bullish movementum and closes above 551 levels, it can move upto the level of 563 Support :- 539, 528, 516 Resistance :- 551, 563 Wait for the confirmation with volume...
NSE:HINDALCO #NSE:HINDALCO formed beautiful rounding bottom, breakout confirmation may give good momentum. Levels marked on chart for practice. Happy LEarning !!
We can buy if 583 sustain for target 629 603 initial target
NSE:HINDALCO #NSE:HINDALCO trading bullish and completed retest from resistance. Levels marked for practice. Happy LEarning.
NSE:HINDALCO #NSE:HINDALCO shared yesterday and hit all 3 targets. Happy LEarning.
Hindalco has been consolidating in a parallel channel for 7-8 days. The support for the stock is near 550 levels. If the stock gives a breakout on the upper side the achievable targets are around 600 and 620 levels. The trade can give momentum, Daily time frame is good as the consolidation is what we look for. Wait for the breakout of the parallel channel and...
hindalco formed in head & sholder pattern in day chart. Use it for options and intraday
NSE:HINDALCO #HINDALCO reached resistance and completed pullback and shown good volume in reversal with big green candle. levels marked on chart. Happy LEarning.
Metal sector is having good momentum and good charm these days, here are some stocks analysed like Hindalco and Tatasteel, both are looking good enough to go long, as per price actions and as well as per elliot waves along with trend indicators. Indicators of Hindalco hindalco macd in weekly positive crossover hindalco macd in daily is positive rsi in daily...
Hindalco Made new ath on monday's session. Wait for a retest of the breakout area to initiate a swing trade with better stoploss.
A good trader always want a momentum stock for trading and Hindalco is in good momentum