Faced multiple rejections at ATH that too with good volumes but did not follow through RS became positive and Raising RSI is strong Sector is one of the strongest right now With SL 608.7 one can trade for 1R and then trail using ST
Hindalco Industries Limited an Indian aluminium and copper manufacturing company, is a subsidiary of the Aditya Birla Group.
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. • ...
📈 Stock Name - Hindalco Industries Limited 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 638. 🚨Disclaimer: This is not a Buy or Sell...
Decent volumes in the last week and strong volumes in this week as well, a good price action breakout from the cup and handle pattern. Target of 900++ SL 505
HINDALCO INDUSTRIES LTD Key highlights: 💡⚡ ✅On 1 Hour Time Frame Stock Showing Breakout of Ascending Triangle Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 650+. ✅Can Go Long in this Stock by placing a stop loss below 614-.
This metal stock near breakout zone.Hindalco is one of India's biggest aluminium manufacturing company and the world's largest flat-rolled products player and recycler of aluminium.
Hindalco is completing Cup and Handle on weekly charts. Very good stock to hold for next few years.
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below... SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) INTRADAY Trading...
Took rejection from a trendline, target and Sl marked. This only for educational purposes, trade at your own risk.
Reason for long a) QQE in super bull mode b) Green channel Support c)Vwap Support d) Weekly breakout possible e) SL compulsory f) Triangle breakout in green channel
📊 Script: HINDALCO 📊 Nifty50 Stock: YES 📊 Sector: Non Ferrous Metals 📊 Industry: Aluminum and Aluminums Products Key highlights: 💡⚡ 📈 There was a huge gap down on 13th Feb so, Script may fill the gap. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 558 🟢 Target 🎯🏆 - 593 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new...
Hindalco was oscillating in the Range of 500 to 540 from past many sessions Recent the price gave Breakout above Range and came near upper end of channel pattern Let's Track the price movement from here, If it give Breakout above the pattern or comes back into the Range * For Education Purpose Practice and Learn Price Action Setups
Hindalco buying opportunity 550-520 positional trade with SL 500 expected TGT 580-600 CMP 560.25
hindaldo a volitile share and most of the time it follow a range bound as you can see buy @530 and target you will get 620
Good chart structure Buy above 550 Target 568/590/610 Stop loss 525 I am just representing my views. For educational purpose only.
stock looking good above 541 stock consolidated in a range create resistance at 540/541 on monday if stock open below 540 once take resistance on 540/541 and make higher low then break high 541 it will go up NOTE: only for educational purpose RULE: 1: always trade with stoploss 2: decide your risk per trade and per day 3: believe to your analysis 4: stay positive...
HINDALCO At Resistance of a Range Keep an eye Positive if sustains above 543 But till then cautious till below resistance zone