Important Trending support zone Short below trending support zone and long if it takes support from that trending support zone.
HINDALCO.T0 trade ideas
Hindalco at edge of breakoutHindalco at Resistance with low volume..wait and see if it can break 445 or get bearish if closes below 432
HindalcoPrice is consolidating in a narrow range. Sell below 447 with the stop loss of 451 for the targets 443, 439 and 435. If price show bullish sign then can buy above 453 with the stop loss of 449 for the targets 457,461 and 464. Any one who trade with strategy and manage risk can become a profitable trader.
hindalcohindalco break major resistance. but it can possible price going in down side for short term. because clearly M pattern is break. But major trend is up. PRICE IS GOD AND CHART SHOWS CANDLE AND CANDLE HELPS SHOW PRICE MOVEMENT.
TARGET SL AND SOME SELL REASONS MENTIONED IN CHART.
Thanks.
Breakout in HindalcoChart -> Hindalco Daily
Hindalco has given a breakout above previous 4 times resistance zone with good volumes.
CMP: 455
Targets: 512, 560
Good to add: Around 440
SL: 413 Daily close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
6% returns in just one day 🔥🔥🔥🔥🔥This scrip was posted on 13th Nov and yesterday it gave 6% returns in just one day. I hope our followers had benefited from this post. Thanks to all 🙏🙏🙏
Hindalco breakout on daily chart Hindalco breakout on daily chart, Can go long with stoploss of 430 for the target of 480,500+
Hindalco breakout Breakout in hindalco, a trade can be initiated with 3-5% of SL; for the targets mentioned in the chart
Breakout AlertWhen price break any boundary with high volume then high probability price continue the trend .
HINDALCOHINDALCO:- formed cup and handle pattern. breakout the level 446.90. keep on eye for short term
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HINDALCO #Watchlist
#HINDALCO (D):-CMP 455 Looks Good Above 460 for Target 480/500, 420 below closed (View Invalid) :)
#Disclaimer:-View shared is for educational purposes only.
HINDALCO - Clear BO, trend reversalHINDALCO - Seems a clear BO on the daily/ weekly chart.
Plan the trade and take it as per your risk apatite.
Comment with your opinion/analysis/thoughts on this. I'm a stock market learner.
Hindalco is breaking 200 Day Moving averageHere Hindalco is breaking 200Day MA. It is also breaking and closing above FIB .382. In nearly future It can easily touch its Fib .618
Setting up 2 target
TG1 472
TG2 511
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momenyum. Thanks to all 🙏🙏🙏
Hindalco Industries Ltd.Hindalco Industries Ltd.
Incorporated in 1958, Hindalco Industries Ltd. is a flagship company of the Aditya Birla Group. The Co and its subsidiaries are primarily engaged in the production of Aluminium and Copper. It is also engaged in the manufacturing of aluminium sheet, extrusion, and light gauge products for use in packaging markets like beverage and food, can and foil products, etc.
Business Segments
Aluminium: The Co. ranks among the top global five aluminium producers based on shipments and is an integrated producer with a low-cost base and a strong presence across the value chain.
Copper: The Co’s copper division operates one of the world's largest single-location customs copper smelters. Hindalco produces copper cathodes and continuous-cast copper rods in various sizes.
Chemicals: The Co. is also engaged in the manufacturing of Calcined alumina (used in grinding media, wear-resistant ceramic components, etc.) and Alumina hydrates (used in the manufacture of water treatment chemicals like aluminium sulfate, zeolite, etc.)
Market Leadership
The Co. is the world’s largest aluminium rolling and recycling company. It is also one of Asia’s largest producers of primary aluminium. Moreover, it is the largest flat-rolled aluminium producer in the world and the largest downstream aluminium player in India.
TECHNICAL ANALYSIS.
Time Frame - 1D
1. Stock is at 30% (Approx.) from its high.
2. Increase in FUT OI.
3. Option Chain is very interesting,
Strong PUT writing in 400 strike
CALL Writers of 410 & 420 Strikes are trapped.
4. Aluminium price is up by 5% and the Copper price is up by 2.3% on MCX.
FUNDAMENTAL ANALYSIS.
Sector: Non-Ferrous Metals.
Industry: Aluminium and Aluminium Products.
1. Market Cap - ₹ 96,596 Cr.
2. Stock P/E - 6.97.
3. Price to book value - 1.06.
4. Debt to equity - 0.74.
5. Free Cash Flow - ₹ 11,483 Cr.
DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.
#education #markets #equities #stockmarket #technicalanalysis #stocks #investment #trading #india #finance #fundamentalanalysis #nse #bse #supertrend #education #investing #investments #financialmarkets #learningeveryday #learning #hindalco
High Probablity for HINDALCO to Up!!!There are many for HINDALCO to go up like in
Candlestick-Morning Star made at Important level
Chartpattern-Cup and handle breakout and retest
Price Action-breakout of an important level and retest with more than average volume
If you want to take trade then you should do entry at 431.9 put stoploss at 410.4 and target at 475
If you take trade I wish you that you earn profit
HINDALCOHi guys, In this chart i Drew My Best Levels in HINDALCO for Long, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
HINDALCOHINDALCO failed to complete the BOWL pattern now it is trying to make a CUP with Handle pattern
Buying levels above 415 with the SL of 4 to 5 rs and we can look for 1:1 to 1:2 target or more depending upon the volume.
selling is preferred below the 400 level and risky traders can have sold below 408 with the target of 404 up to 400 can continue further below 400 level
Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.
Hindalco Cmp 412.40 dated 27-10-2022 TRIANGLE BOHindalco Cmp 412.40 dated 27-10-2022
1. Ascending Triangle BO above 415
2. RSI BO
Buy above 415 for tgt 425-440-448-465 SL 400
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
HindalcoPath of possible price movement for this script is given in the chart. Protecting capital is the first and foremost target of any trader.
