hindalco 600 targetafter breaking trendline it is very clear that it will move to 600 level you can bet on it this month is timeframe Shortby activeTradrAshu333
HINDALCO Trading near Demand Zone of ₹642.00 to ₹630.20HINDALCO’s current price of ₹648.10 places it close to a demand zone between ₹642.00 and ₹630.20. Formed on August 19, 2024, this area could provide support, potentially leading to a price rebound or stabilization within this range. Investors may consider observing price movements around this zone to assess entry opportunities based on further price action.Longby rush12799332
HINDALCO | TRIANGLE BREAKOUT!Points to consider before entering trade. ---------------------------------------------------------------- 1. A symmetrical triangle consolidation inside of an uptrend. 2. A HH, HL Breakout with volume out of the triangle. 3. Such breakouts with Higher High Higher Low have a lower chance of being a fakeout 3. Targets will be of the pattern height measured from the breakout point. ---------------------------------------------------------------- Entry CMP, Exit 807, SL 721, RR 1.7 ---------------------------------------------------------------- Disclaimer: please do your own analysis before entering positions. This idea is only a suggestion and not a recommendationLongby Divergent_traderUpdated 4
About hindalco upcoming momentsAs per technical indicator there is a sort covering move in upcoming daysShortby jattp2017110
buy hindalcoit has given breakout in penant pattern. we may see around 800 levels in coming days. view negated below 730 on closing basisLongby viralmodi2
HINDALCO CLEAR PATTERN Hindalco has formed an inverted head and shoulders pattern, followed by a successful retest of key levels, which provides a strong trading opportunity. This setup offers a clear edge for traders, as it suggests a potential trend reversal and a favorable risk-reward ratio.Longby ali0003516
Short term trading opportunity in Hindalco Ind for > 10% upsideHi, NSE:HINDALCO has given a Bullish Inverted Head & SHoulder Breakout on Daily charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.Longby raigvivek6
Hindalco in Uptrend Hindalco Moving in Parallel Channel in Uptrend with Sideways Momentum Expected. Hindalco is currently trading within a well-defined parallel channel, showing a strong uptrend. The stock has respected the channel's boundaries, with consistent higher highs and higher lows. As the price approaches the upper boundary, some sideways consolidation is anticipated, indicating potential resistance at this level. Longby indaytrading4
HINDALCO 1DSwing Trading Setup: Instrument: Hindalco Industries Ltd (NSE) Timeframe: Daily Chart (1D) Chart Analysis: The stock has broken out above a horizontal resistance level around 713.30, which was previously a strong resistance point. The breakout is accompanied by a strong green candle, indicating bullish momentum. Entry Criteria: Buy Entry: Enter a long position if the price sustains above the breakout level of 713.30. Ensure that the breakout is confirmed by closing above this level, preferably with strong volume. Confirmation: You can wait for a pullback to the breakout level (around 713.30) and enter if the price shows bullish reversal signs like a bullish engulfing candle or a pin bar near this level. Stop Loss: Place a stop loss slightly below the breakout level, around 700.00. This gives the trade some room to breathe without risking too much capital. Target: First Target: 750,800++Longby vinitsugandh4
HINDALCOInverse head and shoulders pattern forming in HINDALCO. Keep an eye on this Longby devbisht54530
fabulous pattern #HINDALCO #HINDALCO - CMP 717.85 * Inverse H&S pattern Breakout * Metal stocks are showing strength fabulous pattern time to invest hare Longby SkyTradingZone4
HIndalco Harmonic pattern analysisIf current breakout sustains then immediate target will be 838 which is 1.618 fib ext of XA wave. This zone is also Potential reverse zone(PRZ)Target i will update later. #harmonicpatternanalysis #harmonic tradingLongby vinfintrader114
Strong Breakout From Hindalco, Keep In RadarHindalco is showing strong bullish momentum as it approaches the key resistance level around 720. The stock is trading above both the 100 and 200 EMAs, indicating sustained bullish sentiment. A breakout above this resistance could lead to further upward movement. Volume has significantly increased, suggesting strong buying interest. Traders should look for a close above 720 for a potential rally towards 830 and beyond.Longby Marketik4
Crossover Swing + Breakout Trade - HINDALCO📊 Script: HINDALCO 📊 Sector: Non Ferrous Metals 📊 Industry: Aluminum and Aluminum Products Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving breakout of it. 📈 Script is giving Cup & handle Pattern Breakout on daily chart. 📈 Already crossover in MACD. 📈 Double Moving Averages are giving crossover. 📈 Right now RSI is around 66. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 717 🟢 Target 🎯🏆 - 810 ⚠️ Stoploss ☠️🚫 - 672 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂Longby radha_2316
HINDALCO> Levels HINDALCO>👑👑💕 The Hindalco Industries (HINDALCO) share price dynamics and trend forecast are based on significant support and resistance levels 4. The support levels are 394.4, 417.28, 520.98, 618.9, 657.67, and 695.08. The stock has support at rupee 613 and resistance at rupee 706 Longby EmpireCrown2
HINDALCO IS BREAKING OUT FROM 4-MONTH LONG BASE TO ALL TIME HIGHHINDALCO is breaking out from a 4-month long base and is making all time high on over 2 times average volume. Momentum as measured by RSI & DMI is strong to the upside, ADX has to catchup though. Its relative strength to CNX 500 turned positive after making higher low. On the fundamentals, over the last 4 quarters both sales and EPS have been growing. The number of funds invested in the company and number of shares invested, both have risen during the last quarter. If the breakout sustains, we can see some substantial move up in the counter. DISCLAIMER: This publication is purely a personal analysis and is meant to be for educational purposes. It is not intended to be any advice, suggestion, or inducement to buy, sell, or hold any stock, or any other financial instrument. Please conduct your own research and consult your financial advisor for any decision to buy, sell, hold, or otherwise deal with financial instruments, as they are prone to substantial financial risks.Longby RajuDatla6
HINDALCO INDUSTRIESPositional trade setup. Charts looks good on daily/weekly. If price sustain over 714 level on daily closing basis one can initiate long position. Note- one can consider any trade decision after doing their own analysis.Longby rakeshkumarchandra910
Inverted Head & Shoulder continuation patternInverted Head & Shoulder continuation pattern HINDALCO + Prior uptrend + Above key EMAs + Aproaching resistance by ChartShala3
Hindalco CnH patternHindalco showing a good CnH pattern and accumulation in the range of 640-710. Seems ready for good upside if crosses abv 710 with tgt of 810/890 Metal stocks can show good upside after rate cut and China economy stabilising. Longby trendlines1390
Technical Analysis of the Hindalco Chart-: Previous Price Drop: The chart highlights a 48.24% drop (around ₹285.10) in Hindalco’s stock price during the 2022–2023 period. This significant decline was followed by a strong recovery, which indicates a sharp downtrend during that period, possibly caused by broader market trends or sector-specific issues. Recovery and Uptrend: Following the bottoming out, the stock has seen a recovery of 51.67% (₹305.20). The recovery has taken the stock to the current price levels of around ₹682.20. This reflects a V-shaped recovery, a common pattern after significant market corrections, signaling that Hindalco is in a strong uptrend phase. Consolidation Phase: After the recovery, the stock seems to be in a sideways consolidation pattern. This is typically seen when the market is gathering momentum for the next potential move. The stock price has been fluctuating in the ₹600–₹700 range, indicating indecision or profit booking. Volume Analysis: The Cumulative Volume Delta (CVD) at the bottom shows both buying and selling pressure, indicating that the stock is attracting both buyers and sellers during this consolidation. Higher volumes at critical price levels are often a sign of interest from institutional investors. Possible Opportunities: Breakout Potential: The stock is trading near ₹680-700. A strong breakout above ₹700 with high volume could signal a continuation of the uptrend towards ₹850-900, as indicated by the projection box. Based on the historical movement, the next upward target could be in the ₹900 range. Risk of Correction: If the stock fails to break out and sustains below ₹600, it might indicate the start of a correction, with possible support levels around ₹500-550. Key Considerations: Sector Influence: Hindalco is heavily influenced by the aluminum and metal sector. Global metal prices, economic conditions, and government policies on mining and exports will play a critical role in the stock's performance. Macro Environment: Keep an eye on inflation, interest rates, and commodity prices, as these can have a direct impact on Hindalco's profitability. Conclusion: The stock has shown a strong recovery from its lows, but the current consolidation suggests a wait-and-watch approach. A breakout above ₹700 with good volume could be a buying opportunity with a target of ₹850-900. If the stock breaks below the ₹600 level, there might be a deeper correction. This chart shows a balanced scenario of risk and reward, making it important to monitor the breakout and support levels for trading opportunities.Longby shivtoshiva20223
HINDALCO INDUSTRIES LTD - HINDALCOTest and Retest with avg price and channel Can Enter at Rs 678 with Stick SL Rs 650 for Target of Rs 800 plus holding period 1 month Happy Trading and Investing. Longby chandra_shekhar_rao335
HindalcoChannel move is tricky to trade and I can see channel formation in multiple time frames, though the angle of channel it different. Buy above 665 with the stop loss of 660 for the targets 670, 675 and 680. Sell below 655 with the stop loss of 660 for the targets 650, 645 and 640. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.by vanathi15
HINDALCO Support and Resistance HINDALCO is currently in negative trend. If you are holding short positions then continue to hold with daily closing stoploss of 685. Fresh long position can be initiated if HINDALCO closes above 685 levels. HINDALCO Support 663 - 658 - 651 HINDALCO Resistance 674 - 681 - 686by EmpireCrown3