Hindalco is in strong uptrendAll the metals stocks are shining. Hindalco is looking good on weekly chart.
HINDALCO trade ideas
SHARP V RECOVERY IN HINDALCO !!!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 ??
Comment down your answers with justification ,Let's see who will be good @ prediction....!
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HINDALCO resistance BONSE:HINDALCO
#NSE:HINDALCO trading bullish and completed retest from resistance.
Levels marked for practice.
Happy LEarning.
HINDALCO hit all 3 targets ! Zoooooom.NSE:HINDALCO
#NSE:HINDALCO shared yesterday and hit all 3 targets.
Happy LEarning.
Hindalco LongHindalco Long
Cup and candle pattern
Breakout retest
Buy at CMP- 592 or around 565
SL- 500
Target- 625, 690
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Charts and views are only for educational purpose.
Hindalco in a parallel channelHindalco 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 trade accordingly.
Support :- 550
Resistance :- 600, 620-23.
Hindalco Industries Ltd.Hindalco Industries Ltd.
Hindalco Industries Limited an Indian aluminum and copper manufacturing company is a subsidiary of the Aditya Birla Group. Its headquarters are at Mumbai, Maharashtra, India.
TECHNICAL ANALYSIS.
Time Frame - 1D
1. Stock made a Cup with handle pattern.
2. Stock retest the level of breakout.
3. Supertrend is positive.
4. Alligators are positive.
5. Stock traded above 20/50/100/200 MA.
FUNDAMENTAL ANALYSIS.
SECTOR: Metal - Non Ferrous
1. MARKET CAP - ₹ 1,29,616.92 Cr.
2. P/E - 29.45
3. P/B - 2.42
4. ROE - 2.07 %
5. ROCE - 4.41%
6. EPS - ₹ 19.58
7. CASH - ₹ 1,019 Cr.
8. DEBT - ₹ 20,184 Cr.
DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.
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HINDALCO Under PullbackHindalco 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.
hindalco head$&holder patternhindalco formed in head & sholder pattern in day chart. Use it for options and intraday
NSE:HINDALCO pull back reversal !!NSE:HINDALCO
#HINDALCO reached resistance and completed pullback and shown good volume in reversal with big green candle.
levels marked on chart.
Happy LEarning.
Hindalco good buy Signal !!HINDLCO : cmp : 573.75
Trading near the breakout zone of 570-580 . If it surpasses and sustains
above the level a buying movement could be possible in the near term.
Making higher highs for 3 days.
RSI & MFI trending up.
Buy on dips.
Accumulation zone : 550- 575
Profit booking zone may be : 598 - 640
SL 563/According to your risk appetite.
Positionally can move 675+
Sl 538 Dclbs
March Future as well as Option :March 580CE @ 16-18 can be look after.
If it opens below short term sl. wait for the reversal.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally
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Intraday setup hindalco on march 10th Something huge is gonna happen in hindalco can you people able to track it :)…
See the chart and prepare your own trade
Always keep risk reward more than 1:2
Maximum two trades ..first allow the market to settle .. don’t directly enter be patient you can bang very big:)….
Try to accept the loses
Don’t take revenge trades
Disclaimer :- I am not responsible for your profit and loss and also I am not sebi registered
hindalco Metal sector is one sector which is showing some positive move.Specially Hindalco.Stated targets on chart.
Hindalco | Hidden Pattern | Double CupKey Points :
- Cup & Handle
- Hidden Triangle/Wedge Breakout
- Volume Surge at Breakout Level
- Metal Index +
- Price above key moving average
Thanks
Hindalco Intraday OpportunityHindalco short below levels Intraday opportunity is seen instock after retesting is levels breaks go for shorting.
Short at your risk and physcology I'm not responsible for any monetary loss.
Higher aluminium prices, tighter supplies triggering HindalcoHigher aluminium prices, tighter supplies and lower debt are positive triggers
NSE:HINDALCO
HINDALCO LONG SWNG TRADE OPPORTUNITY Important price level marked .Entry Point at Fib level mentioned . SL as per Trent line and SR level. Just wait for pullback to SR level and initiate minimum entry . Also watch Nifty Metal index before taking any entry . Happy earning Guys
HINDALCO it appears one more target left at least.It appears it is 4 th wave pull back
it may rise to touch the next target.
the stochastic is entering in to over sold zone
in hourly time frame.
But it is too early to say when this correction will end.
I have attached the 15 minute time frame too.
let us watch and see.
