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.
HINDA trade ideas
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.
Darvas Box entry on Hindalcowith huge demand for copper and aluminum, The company is expected on delivering a good quarter, the stock price is at its 52week high with volume, but the metal index itself has rosed very much and tested resistance and profit booking kicked in, if the metal sector had the momentum to break its all-time high very great chance Hindalco can ride a bull run, the trade is not for a short term
HINDALCO & TATASTEEL ANALYSISMetal sector is having good momentum and good charm these days, here are some stocks analysed like Hindalco and Tatasteel, both are looking good enough to go long, as per price actions and as well as per elliot waves along with trend indicators.
Indicators of Hindalco
hindalco macd in weekly positive crossover
hindalco macd in daily is positive
rsi in daily uptick and above 70
Indicators of Tatasteel
Tatasteel weekly macd positive
Tatasteel daily macd positive
rsi in daily in tatasteel uptick
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult your Financial advisor before trading or investing
New ATH by HINDALCOHindalco has made new ATH, this can be considered by huge vloume of buying, hence it can be considered for LONG.
HINDALCO | Daily Technicals:
Cup & Handle Pattern breakout.
Good Volumes near handle breakout.
Showing good Price and Volume strength.
Momentum Indicators showing green signals.
Safe Entry zone near 552-554.
Stop Loss near 531.
#HINDALCOHolding HINDALCO since in Q1 RRG
Once the new Signal appears will reassess the position.
A very simple way to rotate stock!
HINDALCO #Watchlist
#HINDALCO (W):- CMP 575 Looks Good For More Upsides :)
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
hindalco breakouthindalco has breaken a range with decent volume.uptrend can be seen by this breakout.
HINDALCOHINDALCO CMP 573
Cup and Handle breakout
can retest breakout level of 550
can initiate longs near 550 level
target is 700
Cup and Handle Break Out in HindalcoCHART -> HINDALCO DAILY SETUP
Cup and Handle Breakout in Hindalco daily time frame.
First target: 625
Second target: 695
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
Hindalco ATH BOHindalco Made new ath on monday's session. Wait for a retest of the breakout area to initiate a swing trade with better stoploss.
Metals surging Current global issues are making metal prices soaring all over the world. Watch out for pullback to enter with strict stop loss below breakout levels.
Super Strong among bears The stock has moved above its major resistance and looking super strong. The best place to enter would be if pullback happens to breakout levels. Risk reward would be favourable.
HINDALCO INDUSTRIES DAILY CHART ANALYSIS AS ON 28.02.2022HINDALCO INDUSTRIES as per daily chart analysis Stock Above 580 for a Target 620. Resistance 621. Wishing you all a Profitable Trading.
