Hindalco Industries crashed by over 12% on Tuesday as a significantly higher spend on capex with lower expected returns for a facility being set up in the US is seen hurting its earnings. however the profits have been trebled QOQ basis . Techincally the stock was in process of forming cup and handle pattern on larger scale however it tanked and went in other...
bearish bat pattern at weekly chart it is huge fall in this week S1 (457) is next support It is just a view, please trade at your own risk. I'm not SEBI registered adviser
✅ Wait for Price to touch this trendline 495-505 level ✅ Look for Strong Reversal on Smaller Time Frame as Double Bottom or any other strong reversal. ✅ Look for Strong Signal.
Hindalco it has taken reversal from the bottom and we can see it has formed an inverted H&S Pattern in 30 min time frame. Where we can expect the target for 600 first and then 620 in the month of Feb
Hindalco appears to be making an effort to resume a positive trajectory, and if it continues to rise above the 568–570 mark, I think there is a high chance that it will be rewarded. I believe they might be trying to reach the highest peak, which is roughly 9–10%. This is solely being done for educational purposes. Please speak with your advisor before making...
HINDALCO (1W TF) Trade Analysis given on 27th November, 2023 (Monday) Pattern: ASCENDING TRIANGLE - Neckline Resistance Breakout - Done ✓ - Retracement + Consolidation - In Progress - Volume Spike - In Progress #stocks #swingtrade #priceaction #traderyte #hindalco
Hindalco showed handsome up move and now witnessing the minor pullback. Hindalco approaching major support levels. If stock breaks the support zone, next support zone placed at 540-545 zone. If stock confirms the intermediate support long position can be initiated.
HINDALCO 10% upside possible in FEB Series LTP - 564 Targets - 620+ SL - 542 Timeframe - 20-30 days Happy Investing.
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...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Hindalco trading in monthly resistance. In small trime frame we expect on small bullish rally from here. wait for trend line breakout with good sentiment. we expect price reach all time high.
Now Hindalco is at daily demand zone , there is high possibility for price respect the suppl zone and price go higher
HINDALCO BEARISH HARMONICS BUT CAN ATTEMPT BREAKOUT TOO... CMP 473 shorts in range 488--491 with keeping 504 as closing basis STOP_LOSS for SHORT TERM TGTs 477 / 466 / 458 / 450 <450 IMPORTANT ZONE FOR BOUNCE OR BREAKDOWN> IF closes below 450 TGTs 442 / 430 / 410 / STRONG DEMAND AT 380--385...
Nifty Metal is almost on the verge of breakout... so will pick the index movers.. Hindalco. symmetrical traingle formed.. Green : Targets Orange : Stop Loss Stock is volatile and volumes in good in F&O so you sell some put options ... SL - below 390
A cup & handle Breakout in conjunction with Triangle Pattern Breakout Retest is pending for the triangle pattern breakout. Hindalco is moving based on the support line support for long. Waiting for a retest to enter with SL below closing of the support TL One can enter now as well with 50 % qty just not to miss the trend for targets of 510/550/630. DISC: Only...
HINDALCO:Has formed a nice C&s Pattern in weekly chart.Spurt in volume at around its neckline breakout level of 510 suhhests a target of 550+ in due course.(For educational purpose only)
# HINDALCO INDS # # LONG TERM VIEW BULLISH # BUY ABOVE : 505 # TG : 600 - 620 # CBSL : 460 # R : R - 1 : 2 This is not an investment advice and also please note this is only for education purpose. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
i am not SEBI registered this is for educational purpose Only , Prior taking trade Pl consider your risk and reward