Hindalco Industries Ltd- Ready to surpass 600 levelHindalco
CMP ₹ 483.2
Engaged in the manufacturing of Aluminium &Copper Products. Breakout happened at current point. Heading towards 600.
HINDA trade ideas
HINDALCOHINDALCO :- Keep an eye on the stock and wait for breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
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HINDALCO DOBLE BOTTOM BREAKOUTHindalco breking double bottom
good volume strong RSI
MACD crossover done
near target🎯 500+
educational idea only
Hindalco Making a range after an uptrend it may break up and give a good move toward upside if it's make breakdown than we can also short this stock
Hindalco looking bullish up to PRZ Hindalco looking bullish up to PRZ once reach it will bearish keep on radar
HindalcoHindalco marches towards 500+..
Charts are for learning and education purpose only.
Please consult your financial advisor before investing!
Hindalco safe traders can enterHindalco is working perfectly line to line.
We have picked this script at 407.
983 462 1628
HINDALCO ASCENDING CHANNEL...⚡️💵Ascending Channel along with Double Top has been formed on HINDALCO.
In case of Downside Breakout expected target is 432.60
Long in HINDALCO.No matters how bullish the Markets sound to be we can always find good undervalued stocks, Hindalco is one of those company we are going to talk about.
Company majorly deals with Aluminum and copper, where it is a market leader in Aluminum rolling and recycling.
Stock has corrected more than 50% from its peek last year. why is that case, '' because in just two years of period stock has given 600% of massive runup and later on rally ended with fair correction. There is no any fundaments related issue till date. Sales and revenue seem pretty stable while FII stack has drastically increased.
Stock has formed strong support level where it has retested multiple times and move up. We can aim at least for 30% from this juncture.
It was completely my Analysis. Not a recommendation from my side, Please consult you finance adviser before investing
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Bull Flag in Hindalco...📈⚡️Bull flag has been formed on hindalco breakout of the pattern will lead to a bullish move.
TP1 - 465.20
TP2 - 466.80
TP3 - 469.70
HINDALCO LOOKS LONG with small stoplossHINDALCO for long
with good risk to reward ratio
ABCD pattern PROJECTION from bottom
low risk high reward ENTRY
1st target is 441
Hindalco in a Parabolic Move !The curve will act as a support and further it moves on the curve the more powerful the movement will be. The move will follow the curve slope !
My favorite chart pattern on Hindalco, Most powerful and Rare pattern.
Good time to Buy now.
Hindalco Cmp 447 Triangle BO Hindalco Cmp 447 dated 14-7-2023
1. Triangle Pattern BO @ 450
Buy above 450 target 455-470-485-495 SL 430
It is just a view, please trade at your own risk.
HIndalco has broken out after forming triangle patternHindalco has broken out of a triangle pattern and can hit 507-556 range in the coming weeks. keep watching
Buy Hindalco @ 450Hii all
As charts of HINDALCO seem very positive , one can buy hindalco for a very short term , lets say range of 2-3 days
TARGET expected 462-470++
NOTE : TRADE AT YOUR OWN RISK
Hindalco in safe place for swing tradeAfter long consolidation , Hindalco gave a breakout of the triangle and berakout from important resistance also done. One can initiate long from 460 with a target of 492. Stop loss will be 440. Min 1:2 target
HINDALCO BREAKING C&H PATTERNHindalco giving breakout from C&H
coming out from 6 month resistance
good volume strong RSI
educational idea only
Hindalco : Symmetrical Triangle Pattern BOSymmetrical Triangle BO formation:
Forming from lows of March 2020 and latest last lowest lows of June 2022.
Strong BO expected if price sustains above 450 levels for this week.
R1: 502
R2: 529
R3: 617-633
Stop Loss: 401
HINDALCO - Weekly AnalysisIn the Weekly Chart of HINDALCO ,
we can see that, it has respected the 450 level Trendline.
Expected Momentum is shown in chart
We can enter at 448 with SL as 433 and Target as 570
hindalco - buy Buy from cmp to 437.5
easy tg - 443.5
tg2 - 446
sl close below 435.4
Disclaimer : This is my personal analysis for study purpose not intended for trading.
Hindalco BO of Falling Trendline on WTFNSE:HINDALCO has given a falling trendline bo on weekly chart. one can create a fresh position in hindalco at cmp of 440 or below with a stop loss of 380 for the targets of 500/560/620 in the near term.
Exit the position if the stop loss is triggered on WCB.
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Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
hindalco - buybuy at cmp
sl close below 438.5
easy tg - 443
tg2 - 446
Disclaimer : This is my personal analysis for study purpose not intended for trading.
