HINDALCO important levels for long term investmentHINDALCO important levels for long term investment
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
HINDALCO trade ideas
ShortEntry : below 424 ( 5 min close below 424)
Stop Loss ; 428 ( 5 MIN Cross above 428)
Target 1 : 414.5
Target 2 : 417.5
Hindalco - Flag & pole patternHindalco formed the Flag - pole pattern after a good bullish breakout.
Once the price closes above the flag channel and a successful retest, we can expect a strong rally till 530.
So wait for the breakout or hold on your long positions with a fixed stoploss, Big move is on the way
Please share your valuable feedback.
Disclaimer: Kindly do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.
Hindlco - Trend line -shortHindlco made double bottom on daily chart if break 430 on daily basis it may go down.
Sell below -430
Target 1- 401
Target 2- 385
Stop Loss above -455
Hindalco continues its falling trend.After reaching a high of 553, the scrip is in falling mode with more selling pressure. Presently it testing its previous support of 413 and the future of the scrip will be decided on the basis of fresh support with good volume at this support level for the uptrend. else further fall is expected up to 382.
100+ points Fall in HINDALCO--- Head and Shoulders PatternHi guys,
This is my first article. I hope u guys like it. :)
So I was a bit late in finding this Head and Shoulders Pattern in HIDALCO because I was travelling at that time. On analysis we find 100 points difference in NECKLINE and the Support. Reversing this we find our target price . Also, We should have had entered into position around breakout level but nevertheless the market level as of now could be negotiable.
Now target price will be achieved by 15 Working days of my analysis and calculated as Number of Candles in the time frame/3
hindalcosell below 436
sl 454
target 400
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
HINDALCO _ LONG TERM TREND ANALYSISBased on the recent corrections Hindalco shall be testing 398 level. It's 200 DMA is at 402.
If it can sustain above 402. we can expect 450 as short term target and 525 target as long term.
Please check with your SEBI registered adviser before investing.
Happy investing.
TREND REVERSAL ON HINDALCO Daily Time Frametrend reversal from support zone
morning star candle stick pattern
buy above : 453
stoploss : 428
1st target : 489
final target :546
Hindalco The stock is in neutal , we just have to wait for some days for the breakout , lets see whether it is bullish breakout or its going down .Its the waiting time. This is for learning purpose, Not a suggestion or any calls
Holding strong support trendline !!Link below in description my previous trendline trading strategy analysis, posted few days ago.
Now Hindalco has been trading with same trendline support, making higher high and higher low.
One who bought at close of trendline support at 438 (3), would have made around 8%, by booking profit at previous high of 474.
Now, one can consider long position at CMP, with SL as 445 on weekly CB, for the target of 552 with more than 1:3.5 RR, in coming weeks, months. Above 552, next target would be 615 (arrived from fib levels).
Kindly do your analysis before initiating trade.
Hindalco CASE studyHindalco spot cmp 442
parallel channel structure
horizontal demand zone as per previous swing
bullish divergence on rsi
bullish harmonic abcd pattern formation
lots of study matures around same levels of confluence
let see whats in store
Good trade opportunityThe price after a downtrend move consolidate in a range
The price can show both move upward and downward
You have to be cautiously take trade only when price move and do 2 things
1) take a pullback or
2) take a retest
ALWAY SEE NIFTY LEVEL BEFORE TAKING TRADE IN STOCKS
SEE MY EARLIER POST TO AVOID FASE BREAKOUT LINK BELOW
Hindalco Trend AnalysisRating: Neutral with negative bias
Level: Broke trend line support
Business Outlook: Good performer in Metal Sector
Hndalco -Short CoveringImportant Levels...........................................................................................................................................................
BUY HINDALCO FOR BIG GAINS hindalco had results on 12 november and it had good results
debt has decreased
profit had increased
revenue is increased
technicals are also good stock has shown strong support at a point in 1 month timeframe
buy for long gains at least 3 or 4 weeks
(i am not an analyst or an advisor is there any mistake or anything that i have missed pls comment)
HINDALCO CHENNAL PATTERNLong Monday Hindalco Cmp - 468 TGT - 525,530 SL - 435 Follow ME Friends More Analysis And LIKE NOW
Simple Trade Setup | HINDALCO | 15-11-2021 [ INTRADAY]NSE:HINDALCO
Observations:
1) On Daily time frame, It just closed above 10DMA.
10DMA is placed at 466.39 level.
Please refer below chart : 1 day Time Frame.
2) On daily time frame, it is still below 21DMA. 21DMA is placed at 483.32 levels.
Immediate support is at 460 level. Intermediate resistance is at 470 level range.
Major breakout level range is 480-485 level.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date: 15-11-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Also note that, I have given very small levels , so that one can take trade from any of these levels w.r.t price action.
Hindalco good entry for long The price take bounce from 100 SMA on daily time frame and second confirmation is the RSI level
Entry when shows an upward movement
Exit with help of (5,10,21,50,100,200) which is more suitable for price
SL - 200 SMA below
Target as much u can with help of moving averages
Best of luck
IM ALREADY ANALYSIS HINDALCOCopper is impartant for electricity
HINDALCO one othe favourite stock in metal nse
Jsw steel
Tatasteel
It's benifit with metal and gas ,
Metal was melting 🤩 it's gas free producing own .,
It was post later ,
swing trader keep a eye on this stock😉NSE:HINDALCO
let see the price action = the price take a support in trend line, in support morning star candle formed.
1 target =480
2 target =525
stop loss=447
tell your opinion in comment.
