Hindalco Making Descending Triangle and about to Break Out/DownWait for Break out or Break Down. Happy Trading!
HINDA trade ideas
Rising channel with weaknessHindalco looking good for the selling in short term, RSI also showing bearish divergence, we just wait for the channel breakdown below 354 is best opportunity to short.
Hindalco - Triangle breakPrice forming a triangle pattern after the huge fall in price. Wait for the price to break the triangle before initiating a trade.
Hindalco good short candidate.Hindalco spot cmp 362
Alternate bearish ABCD pattern formation
monthly time frame,,
view gets negated above 400 on daily closing basis
can give a fall of 25-40% from current levels
Good short candidate
HINDALCOAfter breaking monthly trend line this stock is making higher highs and higher lows. Can be a good bet above 370-375. For educational purpose only. Kindly contact your financial advisor before entering any trade,
Short HindalcoI have given buy call to enter from 350
and it had given 7.5% in just 3 days.
So, kindly book 80% profit and hold 20% for the final target 385 and 400
. we will reenter after 380.
But if I see in short side RR is too good .
if you see any 15 min red candle on 19th March then short . SL will be just above the high of that candle.
Hope You guys made some money.
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HINDALCO CUP AND HANDLE 15 MINHindalco forming a cup and handle pattern in 15 min chart...upmove possible.
Note: For education purposes only.
Buying opportunities for 19th April Monday BAJAJELEC , GLENMARK,
Apart from the stocks and sectors mentioned in the video, I forgot to mention a few more stocks that I had shortlisted. They are,
BAJAJELEC
GLENMARK
WIPRO
The key levels to watch out for trading next session are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.
Hindalco - Short Term tradeLong above 350.
SL 335
Open Target.
Its a trade only into the weekend because markets are volatile and taking a longer term trade could be risky.
Hindalco (INTRA)on lower time frame upward channel breakdown with breakdown - retested. keep it on radar below 354 there is gap too. (short Side) on day time frame RSI -ve diversion with bearish candle but it required followup selling so watch below 354 above 365 view is neglected.
Hindalco - Daily Flag nad Pole - SwingHindalco can be a good swing trade as per the flag and pole pattern.
Levels mentioned on the chart.
Trade as per your own risk. This not a call . Just from analysis perspective
