Black Friday saleUp to 70% OFF

Hindalcolong

Hindalco Chart Study...HINDALCO break the trend keep watch and wait for retest... Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation. I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities. Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it
NSE:HINDALCOLong
by sakthideva
Hindalco Possible low risk long opportunity On this hourly chart of Hindalco W.(A) and W.(C) are exactly equal, also W.2/B completing at the 78.2% retracement suggests that the Zig Zag correction may have completed to the downside and hence a new leg up can be expected from here on with small risk below the current swing low. For further confirmation we need to wait till the market goes above 230 and gives a small retracement. Overall what here looks to be is a great upside with extremely small risk as the new leg up should take out the W.1/A, that is 270 highs.
NSE:HINDALCOLong
by NeeravYadav
Hindalco - LoooooongRefer chart : classic Text Book pattern. No Naked trades , Use strategy : 1) Buy 230 Dec calls , sell 250 Dec calls --- My preference. 2) Buy Dec future , Sell 230 Dec call 3) Sell Dec 240 or 250 Put , Buy 220 Put 4) Buy 2 lot 230 call , Buy 1 lot 230 put check what strategy suits you ,And execute your trade . Beware lot size is 3500 , so risk is high , manage your risk , If not enough capital don't take F&O trade. (Consult your financial adviser before taking any trade )
NSE:HINDALCOLong
by neneram