"Hindalco is moving in a channel and also in a triangle " A good opportunity in Hindalco either we go for long / short by seeing the break out accordingly.. For the time being wait and watch. * this is for study and analysis purpose only * Thank you .
Sell Hindalco At Cmp 414.5 & On Rise SL - 440 ( Day Closing Basis ) Target - 360
bearish harami candle formation on daily charts of Hindalco
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.
No Spoon Feeding. Do UR HOME WORK Wisely !!! Better homework will provide U best result.
Hindalco forming a evening star pattern on a monthly time frame. In the month of April the stock has already given a downside movement of 15% and can move below upto the level of 410. On weekly time frame, the stock has closed below the 20 ema. The stock on daily time frame has been consolidating in a range and has closed below the 200 ema and a support level...
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 What will happen next ??? Hint:- { Today it faced again resistance @ its all time high.. it's a buzzing stock in market too... it's Almost making double top... } Choose any one options from below A) will it be able to shoot up again ?? B) will it fall from double top ?? ...
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 ltd. in a downtrend nowadays. According to Harmonic pattern & Fibonacci, there are some important levels to short :- Target 1 - 566.00 Target 2 - 550.00 Trade will be only Confirmed if price close below 580.00 on Daily Timeframe.
NSE:HINDALCO #HINDALCO reached resistance and completed pullback and shown good volume in reversal with big green candle. levels marked on chart. Happy LEarning.
15 Min Time Frame : 1. Hindalco may give some correction from here 2. Look for trade setup in Intraday Disclaimer : > This analysis is for educational purpose only. > Keep an eye on global market as well, trade as per market condition.
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...
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 level range. Major breakout level range is...
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. ...
ENDING DIAGONAL : This is the most common diagonal that can be found out at the ending of a main trend or main correction. It consists of all the waves 1-2-3-4-5 in a single or multiple zigzags. They can be found placed at 5th wave of an impulse wave or can been seen as a wave ‘C’ of a corrective waves zigzags or flat. After the termination of the ending diagonal,...
Hindalco has a very important 6 time support from where it has recovered several times before . Recently the stock gave closing near this support . If the stock manages to break the support this time then we can see very good bearish momentum and easy intraday profits can be made. ENTRY : 474.0 (CLOSING OF 15 MIN BELOW THE SUPPORT) T1 : 468.80 (EASY TARGET) T2 :...
NSE:HINDALCO daily tf take strong resistance forming bearish inverted hammer