VIEW ON HINDALCOHindalco moving towards its new high Can show an up move in further trading days Target 590/620 Stop loss 558Longby dakshb38390
Hindalco_On The Verge Of All Time High_Giving Breakout After Bre*Safe Target 622 within next week* #Breakout: Identification: Look for a significant price level, such as support or resistance, where the price has historically struggled to move beyond. #Confirmation: Wait for the price to break decisively above (in the case of a bullish breakout) or below (in the case of a bearish breakout) the identified level. This breakout should be accompanied by increased trading volume to confirm the strength of the move. #Retest: After the breakout, wait for the price to pull back and retest the broken support or resistance level. This is an opportunity to enter a trade if the retest suggests that the breakout is valid. Entry and Stop-loss: #Bullish Breakout: Enter a long position after the retest confirms support turned into resistance. Place a stop-loss order below the retested level to manage risk. #Bearish Breakout: Enter a short position after the retest confirms resistance turned into support. Place a stop-loss order above the retested level. #Target and Risk Management: Set a target based on the expected price move after the breakout. This could be determined by measuring the height of the pattern that led to the breakout. Use risk management techniques to determine the position size based on your risk tolerance. #Monitoring: Continuously monitor the trade to assess its progress and adjust the stop-loss or take-profit levels if needed. #Additional Confirmation: Consider using additional technical indicators or chart patterns to confirm the strength of the breakout and retest.Longby Pranay_Kamdi224
Can Hindalco be left behind?Metal sector when turning up,Hindalco can n't be left behind. This chart has been with me since long. Immediate target minimum 577 can be reched with in few days. Analysis is from january 22. 1st wave being a leading diogonal.Structure being 5+3+5+3+5 There after retracement of 2 nd wave which 61.8 percent of 1 st wave. Now 3rd of 3 rd wave is in progress. Minimum of 577 is seems to be assured. Don't forget to like this post if it helps you. Follow me to get updates. .Longby bijoy25263
Hindalco- VOLATILITY CONTRACTION PATTERNHindalco- VCP pattern breakout done on weekly for the targets of 550, 590, 620 and 700. Note: This is for educational purpose only.Longby Flash_J3
hindalco approaching longterm pattern target ??hindalco approaching long term pattern channel target almost. what next move there after that.?? rsi overbought level monthly chart. will it further move or down.??by kumardkp123Updated 1
HINDALCOHindalco has potential to reach 565. In daily chart, it progress of Flag pattern. In weekly chart, Progress of Double bottom. This Price movement showing this potential. Wait for retest 510 level then break 520 level. After this two actions The price reach it's Target.Longby PANNER_SELVAM_KATTAKALAI227
HINDALCO - For Short TermBuy Range between 528 - 532 Target 560-570 Stop Loss 515 Note: Representing my perception here...by mr_grey21112
VIEW ON HINDALCOGood Technical indicators But currently in a small range of 515-528 Buy above 528 for targets of 550/580 Stop loss 515 I am just representing my views. For educational purpose only. Longby dakshb38390
#Hindalco Multi Time Frame viewThis post covers Multi time frame analysis. On monthly tf Hindalco gave a multi year resistance breakout in 2021 Feb and from there it went on to become double. During June 2022, it corrected and retested the same trendline resistance which now became support. Weekly TF : On weekly TF; it is making HL since Covid Low and has been consistently taking good support around 200 ema on weekly tf.. Currently consolidating in a triangle and the volumes are rising and last week's volume are highest since Nov 2022. RSI is also showing a sign that it will give a breakout soon Daily TF : On daily tf; good accumulation + previous BOF of the IB on 29th May with less volumes. It did a bull trap and then came back into the came range again. However, it has again given breakout and of the same range and the volumes are bit higher with RSI & MACD both giving upticks. Also, last friday it made a open low with a breakaway gap. A good signal overall of strength coming back in this counter Hourly TF: On hourly tf; RSI is bit overheated - so any pullback towards lower support may provide a good short term trade. However as larger trend is looking it is finally turning tide towards +ve side; overall looking very good now with smallest possible risk Longby aktradelearningUpdated 7
Hindalco indHindalco Ind Stock has moved out of conggestion Once cross 528 will head for 550+ SL 510 Option holders 540 ce hold for weekLongby nitishsh999114
HINDALCO LOOKING GOOD FOR A BUYHindalco 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! Longby InvestPro_India228
HINDALCO C&H BREAKOUTHINDALCO breaking C&H Pattern good volume and rsi trading above 20 ema educational idea onlyLongby NeetikaSri1
Hindalco ready for breakout.Hindalco is ready for breakout in daily & weekly chart , making an ascending triangle chart pattern.Longby eyemvishal0
Hindalco Industries Ltd - Ready for next race#Hindalco CMP ₹. 507.8/- Technically looking good. If breakout happens, then 25% upward movement can be expected.by DevanNaayar0
HINDALCO: Wao...! Lessthan intrinsic value&near to book value..!Why to choose: Aim for long term only. 1. Cup and handle pattern. 2. 19 months of accumulation period completed, 3. Compound sales growth 14% , 4. compound profit growth 16% , 5. below intrinsic value , 6. Stock is trading at 1.15 times its book value. Thanks for day trader Telugu and other Masters helped me to learn market. Note: this is only for educational purpose and I am not a SEBI registered advisor, please consult your financial advisor before investing ever hard earned money. by SudhakaraRatnaGupta0
VCP IN MAKING IN HINDALCOHindalco has been extreme price contraction since last FY till now & daily close above LFY high ready for good upside with good potential RIsk:Reward sl 440 CB target 700Longby diwakar.solanki0
long opportunity in HINDALCOhindalco follows perfect harmonic patterns most of the times above 510 it can be a good opportunity for higher targets stoploss should be pervious swing low in weekly timeframe Longby raghav_shikerkar0
HINDALCO Bullish; above 510 on Thursday 16 Nov. 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 Strategy: 1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also 2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage 3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again. Both Safe Traders/High Risk Traders book profits at this stage Stop Loss: @ "Open" price of the day OR "Breakoutprice" This do not constitute, financial, investment, trading, or other types of advice or recommendation. Longby JJ_Breakouts3
#HINDALCO (Weekly)⚡️650% return from Mar 20 to Mar 22 ⚡️Sideways since Mar 22 ⚡️Closed above Fibo 0.5 level of its entire downfall ⚡️Ascending Triangle Pattern ⚡️Momentum expected above 500 🔴 SL 470 🟡 CMP 488 🟢 TGT 537/610/732Longby billionaires4931
HINDALCO uptrendHINDALCO expected to be an uptrend. my expectation can also go wrong. because market is the leader.Longby kamalivarshini2
Hindalco at trendline resistance retest of the trendline from below becomes a very good zone to sell. This is again a series of 1's and 2's a precursor to loads of weakness ahead. RSI in bear zone and composite at resistance further gives me confidence that this rally is done,by singh17vivek2
Hindalconear important rising trendline support 430-450 level strong demand zone enter on correction on entering demand zone with strong closing support 430 for above levels 475-500 .in next 4-6 weeks . view fails on closing below 430 . ( this is purely for education purpose do not trade on this bases .)by deepshah19821
Bearish Marubozu in HINDALCO,1DNSE:HINDALCO formed Negative RSI Divergence and Bearish Marubozu on Higher high with RSI creating Lower High on Daily TF. Entry : 484.50 Target : 464/448 SL : 510 RR : 0.8/1.4 (2nd target for better Risk Reward Ratio)Shortby Safwan65Updated 5