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Hindalcolong

hindalcoHindalco (NSE Cash) Market cap:785.102B Vol: 5.322M LTP: 360.80 Support: 349.60 Resistance: 369 / 375 Daily charts (long term) The candle that is being made today looks like a reversal because it has bounced back after taking support at the 20 DEMA which is at 349.33 MACD is neutral as it is in the bull zone but the bars are red and there is a slight reversal as well. RSI is showing a reversal as well after taking a support at the 55 mark which is a good signal. ***Can buy for short to medium term investment Hourly charts (medium term) A marubozu white candle which is a bullish candle is being formed at this point. Volume is a big green. MACD has a green bar after a long time and a small reversal towards the bull zone is seen. RSI is very strong and trading above the 50 mark. ***Can buy for short to medium term investment 15m charts (short term) a strong green candle followed by a confirmation green candle. Volumes are neutral. MACD is strong green and in the bull zone trading in the bull pattern. RSI has resisted the 70 mark so we might see a small correction before the stock tries to break the jinx. ***Can buy small qty.
NSE:HINDALCOLong
by virralthakkaar
HINDALCO Readying for Breakout Above 285HINDALCO , has recovered from the COVID Lows and It is both at 52WH and ATH The volumes have grown significant over the last few weeks and is giving good momentum to the counter A good close above 285 should bring in a significant upward move on this counter. #HINDALCO With Metal and commodity counters being bullish #HINDALCO becomes a good selection Disclaimer : This chart is for Learning Purpose only , please follow your analysis and Position strategy for a enter to this counter
NSE:HINDALCOLong
by PortfolioBuddy
1
Hindalco LongHindalco is near the support zone. It has trend line support as well as 50 EMA support. Stochastic RSI is also showing over sold levels. By looking at the price action it seems like a minor pull back from recent high and the uptrend is still intact. Fibonacci is also showing 23.6% retracement from recent highs. I am bullish on metals and Bullish on Hindalco as well. But if it breaks the 171 levels then the bears may kick in and down fall may come. Watch out for 171 levels. As long as 171 is protected on the closing basis I am bullish on Hindalco.
NSE:HINDALCOLong
by Shishirakram
Hindalco Long I hope you can now see how HINDALCO represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:HINDALCOLong
by EntryandExit