Get started

Hindalcotrade

HINDALCO CUP AND HANDLE PATTERN BREAKOUT| TRADE SETUP 28-07-2021NSE: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 profit at 420 level. As 420 is having highest call writing addition today. And if it keep on trading above 420 then the next target will be 425-428 zone. For the sell side once it breaks the 410 level with bearish red candle then go short till 1st small target 407 and then 400. Hope you had a good profit from this trade today. Do comment if my ideas are helping you to understand trend, levels and price action. Let me know if you have any doubt or suggestion.
NSE:HINDALCOLong
by Trading_hawk
3
HINDALCO | LEVELS AND TARGET | 20-07-2021NSE:HINDALCO Today HINDALCO Tested previous resistance of 396 level and that resistance turned in to support today. This 396 resistance range was breakout with big bullish candle on 15-07-2021. So this type of correction was expected. Tomorrow, 20-07-2021, if it sustain to trade and follow trendline then there will be up movement. It can face the first resistance at 400-403 range. Once this range broken then aggressive trader can took position till target of 407. For the safe trader it it better to take position after 407. Targets are mentioned on the chart. Below range of 392 it can give a safe short/sell trade. Let's see how price action works tomorrow. All the best for the trading tomorrow. Do comments if you have any doubt.
NSE:HINDALCOLong
by Trading_hawk
1
Hindalco - Channel pattern🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:HINDALCOLong
by PrakWorld_Traders
Hindalco Industries Ltd : Upside or Downside Momentum ? CommentChart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade. The above references as an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
NSE:HINDALCO
by GavinChris
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