HINDALCO Weekly Chart HINDALCO Weekly Chart Analysis. There is a Up word resistance level present. Stock moving in a Rising Wedge pattern. Sign of Bearish trend...?
HINDA trade ideas
Hindalco 30th Jan trade ideaSwing trading ideas
lets, watchout for this stock and see how this trade works out
taking support multiple times,
Buy after breakout of resistance line,
weekly support
HINDALCO--BULLISH~METAL sector is shining.
~Hindalco is showing strength in this volatile market.
~All the information is given in the chart.
Do your own analysis before investing..
Hindalco nice breakoutHINDALCO can ride 10-20% more from current levels
keep sl 435 closing basis
targets 500/550
HINDALCOBUY HINDALCO | risky trader buy after trendline breakout | safe trader buy above yellow resistance zone
HINDALCO - Ichimoku Bullish Breakout Stock Name - Hindalco Industries Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 504
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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# Ichimoku Cloud
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BTST Trade Ready to FLY 5%Channel Brakout in HINDALCO
Book profits within the first 30 minutes of the market opening
- Try to exit by taking 9-10% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 3-4 days and the rest of the time they either consolidate or fall
CMP- 500
Target Price 527
Note:- I am not SEBI Registered This Trade is only educational Purpose
Hindalco:long positionHindalco consolidation in very narrow range after trendline breakout. So keep on your eyes on it
Entry level :- Above @500
Stop Loss:- Below @497
Target:- 1:1 or 1:2
HINDALCO -- Daily Trendline Breakout HINDALCO --DAILY TRENDLINE BREAKOUT --CHART SETUP
1. Hindalco seen Daily trendline breakout at last closing session .
2. currently stoock trading at upper channel higher high and higher low formation seen on daily chart after sharp fall towards 320 sub level .
3. channel support seen at 360 sub level and resistance at 480 level of channel .
4. trix line seen crossover at center line ( o line ) and move at upword direction which is bullish signal
5. one can buy at 400-405 level for positional target 425-450-480 + ( 1-2 Month ) Stop loss can place bellow channel support at 355
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk.!
HAPPY TRADING . !!
HINDALCO for longHindalco Industries Ltd Shareholding Pattern is stable. Good for long term investment.
Buy above 500 price and hold for 630 target. Analysis is based on 125 min time frame. See the chart and take decision after on own analysis.
PROS
Company is expected to give good quarter.
Company has delivered good profit growth of 47.5% CAGR over last 5 years.
Company's working capital requirements have reduced from 24.5 days to 19.3 days.
Shooting StarA shooting star occurs after an advance and indicates the price could start falling.
The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open.
Traders typically wait to see what the next candle (period) does following a shooting star. If the price declines during the next period they may sell or short.
If the price rises after a shooting star, the formation may have been a false signal or the candle is marking a potential resistance area around the price range of the candle.
Script = Hindalco
Time Frame = 15 min
HINDALCO 1HBullish Setup
Wish you Happy & safe Trading.
Please Note:
I am not SEBI registered analyst.
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.
intra day trade for tomorrowHINDALCO analysis classical inverted head and shoulder, always a high probability trade
Long Hindalco Hindalco is looking good as per structure formation. Higher high higher low formation with subsequent breakouts and then time is also aligned so looks good for 504-505 target SL below 450
Hindalco Price is consolidating in a narrow range. Buy above 444 with the stop loss of 440 for the targets 448, 452 and 456. Sell below 438 with the stop loss of 442 for the targets 434, 430 and 426.
Hindalco India : Study & Forecast Hello beautiful people,
I am going to present hindalco future trend in near future, as we can see hindalco has broken the tradeline which was the strong support for the uptrend , short-covering also done to the respective tradeline.
In 4 hours chart we can see the rejection candle formed but confirmation yet to be done any red candle on 4 hours chart will indicate a clearer downtrend for hindalco. However it is still taking support of 100MA that can play major role here .
Few target that can be seen in hindalco are given below
435
430
425
Thank you so much for paying attention. Pls follow me for amazing things in future
Note -
This is just an educational post I do not recommend any buying or selling by the post, All the investors are advised to get in touch with their financial advisor regarding any kind of buying or selling advise on the posted idea.
Hindalco Weekly Elliott Wave Counts Hindalco charts are reflections of Aluminium Price moves only difference is Hindalco did a little more than 50% Retracement of Wave A fall where as Aluminium did very small retracement ideally Hindalco should head towards 235-200 levels in Wave C in next few months.
Reason for why should you watch Hindalco !!Hindalco has given a breakout today & it's also at a good level to catch
Why Hindalco is a Buy? NSE:HINDALCO
Reason for Buy:-You can see metals are Inversely Proportional to Autos.
Even as of now, metals are standing stronger when volatility comes in the market.
This gives the Idea that the demand for metals is more than the supply, making the price move Higher.
Don't forget to follow
Follow for your learnings
Hindalco inds, long viewHindalco inds, long-term view
1. 6+ months range breakout
2. Retest/pullback going
3. Bullish chart pattern.
Long-term view bullish on hindalco inds long at 480 with target upto 540 & 640 after pullback done with support at 425.
Analyse and wait for pullback complete.
For education purposeChart is self explanatory for learning ,consolidating from past few months, taken support of 100 sma and the previous breakout support, ready to move upward.
Hindalco Short TermHindalco Short Term
As of now at resistance.
Can go short below 458
with SL of 471 to start with and then can be trailed .
