Hindalco_ Low risk High rewardHindalco is trading at support level. The stock is available at low risk and high reward at the ratio of 1:3. Suport line is S.L. and target is ATH.
HINDALCO trade ideas
Hindalco Can we Sell it Now ?If Breaks Then The Targets could be Taken at 459.25 .
Time Frame :- 1 Hour
Patterns Name :- Inverse Head and Shoulders
Symbol Name :- Hindalco
Based on Your Own Risk this is only to Show you the Current Pattern .
We are not responsible for any profit or loss .
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Hindalco : Looks to have more downside remainingGiven that the current price action in is Corrective Wave 4, looks like Hindalco has more downside remaining in the form of Wave 5, hence from a swing perspective shorts can be planned.
Hindalco at weekly support level May 16,2022NSE:HINDALCO
Hindalco at weekly support level May 16,2022
cmp 388
Hndalco is Important level of weekly demand zone, downside possibilities look very low.
can be considered by long position with SL 347.1
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Disclaimer: This is a trading idea, not an trading or Investment advice. this is for the purpose of training and education for students. consult your financial advisor, Investment Advisor before taking any decision or do your own research. the author may enter into trade. Take your own decision
Hindalco Post Analysis of 16 mayNSE:HINDALCO
Requested to First see the analysis linked below posted yesterday.
Irrespective of market conditions weekly support worked and a strong bounce-back was given, those entered in trade , buy-side , hold.
origional message
Hindalco at weekly support level May 16,2022
cmp 388
Hndalco is Important level of weekly demand zone, downside possibilities looks very low.
can be consider by long possion. SL 347.1
#nifty #nifty50 #equity #equityteachor #equitymentor #options #multibaggeridea #stockoptions #indexoptions #call #put #trading #stockmarket #hindalco
Disclaimer: This is a trading idea, not an trading or Investment advice. this is for the purpose of training and education for students. consult your financial advisor, Investment Advisor before taking any decision or do your own research. the author may enter into trade. Take your own decision
Hindalco is Looking BullishHindalco is taking support at the trendline and if it sustains, it can move in upward direction.
Keep it in your watchlist.
PS: This is for educational purpose only. Trade at your own risk.
HINDALCO Future View on Monthly Time FrameHINDALCO Future View
on Monthly Time Frame
this is only for educational not the purpose for trading
NEGATIVE DIVERGENCE ON MONTHLY T/F.This has to happen because of the negative divergence over RSI on monthly time frame. Now, there could be two scenarios once it reaches its support, which you can clearly articulate from the chart itself. But according to various reports on commodities cycle, it's just getting started, so there are high chances it will bounce from its previous demand zone.
Doubletop Pattern at HINDALCOBe Cautious #doubletop #Pattern (trend reversal ) at #HINDALCO weekly chart.
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #doubletop #doublebottom
Hindalco near its weekly support If it does not breaches weekly support line, possible reversal can be expected good for long
Hindalco 300?Hindalco can touch 300 levels sooner or later
Hold longs with hedge or maintain strict stop loss
hindalco- buyBuy from cmp to 434
easy tg - 480
sl- close below 434
Disclaimer : This is my personal analysis for study purpose not intended for trading
Bearish Pattern @HindalcoBearsih Pattern Studied
Target was set @ 489 on 2nd Apr.
Target Reached 472 om 2nd May
#KASH POSITIONAL STOCKThe Stock HINDALCO looks good on the chart as it shows a reversal from the support. we can expect some reversal from this support level.
Please do your own study before any trade. I may be wrong at any point of time.
HINDALCO INDUSTRIES DAILY CHART ANALYSIS AS ON 02.05.2022HINDALCO INDUSTRIES as per daily chart analysis it has formed a MORNING STAR DOJI and stock above 486.50 for a Target 497
Hindalco for positioningHindalco have strong support level @ 470. Hindalco provide a positioning trade with a 20 points stoploss with 1:3 RR
Hindalco forming evening star.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 of 488.
Analyzing the stock on 4 hour time frame,the stock looks bearish as it has given a bearish moving average crossover and has been taking resistance form its 20 ema.
Support :- 477, 465, 448
Resistance :- 488, 510
The stock can move further down and on multiple time frame analysis its bearish with moving average, volume and candlestick chart pattern.
Wait for the price action before entering the trade.
Hindalco Possible Dist/Accum Range being createdWe saw a range expansion after a 12 year long consolidation and now prices are failing to sustain stronger outthrust. Based on the Daily and Weekly PA , we are very likely to create a Accumulation/Distribution Range for creating a fresh base on the monthly PA.
We will trade the range based on the Liquidity pools of the internal Range.
-Aakarsh Nadella
Hindalco 1D Sharkhindalco bottom after breakout failure.
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