Date : 26-Mar-2024 Rating : Buy - Positional Trade LTP : Rs. 558.65 Targets: (1) Rs. 620 --> (2) Rs. 636 --> (3) 675 SL : Rs. 515 Technical View: • NSE:HINDALCO is in its primary uptrend since end of Jun 2023 and was recently going through it's secondary downtrend. • After touching the high of 608.95 on 8-Feb-2024, it has retraced 18% to 499 level. • ...
Here, we have attached the Technical analysis chart for Hindalco, Hindalco is in the range which have drawn in the chart and once it tried to break but unfortunately it couldn't and many SL got hit and so that we have noticed huge sell off then, and the price moving between range continued again .... In the chart we have mentioned support and many important...
Hindalco has created a bullish pattern, given breakout of recent high @ 508 and sustaining comfortably above that level. Looking good for a buy @ CMP 515 and add if comes down towards 508 - 510 levels for the upside marked targets on the chart until 490 is intact on the downside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading!
hiii alll... Greetings! Hindalco is looking strong, I believe more up side is possible in the coming days. Important Things 1. This is only for educational purposes only. 2. Never over trade. 3. Always keep Stop Loss. 4. Trade in limited quantity. 5. Taking a small loss is better than wiping up your whole capital. I hope you found this idea helpful. Please...
"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 .
Bullish if Sustain above 414 Next Res @ 450 Support @ 410
The scrip is preparing for breakout, keep in radar. easy trade setup.
Sell Hindalco At Cmp 414.5 & On Rise SL - 440 ( Day Closing Basis ) Target - 360
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.
HINDALCO if Breaks Below 375 then it will go down to fill the Gap @ 352 ( Target ). Happy Trading to All.......
No Spoon Feeding. Do UR HOME WORK Wisely !!! Better homework will provide U best result.
30 minute TF Perfect Ascending Triangle pattern Will add more Qnty if it sustain 325 until Upward Gap was filled @ 338.
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...
I will strongly prefer Price to come into my zone & play as per my price action strategy. All levels Clearly mentioned in the chart i hope this will helps a lot.
We can buy if 583 sustain for target 629 603 initial target
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...