HINDA trade ideas
HINDALCO Readying for Breakout Above 285HINDALCO , has recovered from the COVID Lows and It is both at 52WH and ATH
The volumes have grown significant over the last few weeks and is giving good momentum to the counter
A good close above 285 should bring in a significant upward move on this counter.
#HINDALCO
With Metal and commodity counters being bullish #HINDALCO becomes a good selection
Disclaimer : This chart is for Learning Purpose only , please follow your analysis and Position strategy for a enter to this counter
hindalco ema 110 as dynamic supportdaily chart
dynamic support 110 ema
long term more than 180% happened 3 times
so buy at support sell at resistance
and keep 110 ema as dynamic support
Hindalco Looks Good Above 244Buy if sustains above 244 for the targets of 254 and 264 until 237 is intact on the downside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
hindalcostock trading at crucial level
a decisive break below 222
stock might correct towards 200/205
Cup and Handle Pattern in HINDALCOcup and handle pattern formed with Hindalco, look for breakout opportunities.
Good for a swing trade.
*only for educational purpose
Buy Hindalco on the BreakoutBuy above the trend line for the target of the green line with keep SL below the black line.
High-risk traders can keep the SL for 1045.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
