HINDALCO SHORTA Head and Shoulders pattern has been formed, with a break below the neckline, as seen in this line chart in the 15min TF. This is also part of a Double top formation in higher TFs (Top is at 474-475 levels). Short at open for an easy target of 445-450.Shortby 4b26c1ffaa69429f8af568711df78c0
Intraday Trade: watch for resistance breakoutbuy above 475 in Intarday For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapup or bo before 9:20 If gapup is more than 1% from bo level than avoid completely. if less than 1% or gives bo before 9:20 than wait for first 5 minute candle and entry above 5 minute candle and revised SL below candle Low. Longby stockkar114
Simple Trade Setup | HINDALCO | 06-09-2021NSE:HINDALCO Observations: 1) On 15 min Time frame, we can see that it had made hidden bullish divergence and gave good upmove on 3rd sept from the intraday low made on 3rd sept. Please refer below chart : 15 min time frame. 2)On Daily Time frame we can see that on 3rd sept it has clossed above earlier resistance range 455-458 level. Please refer below chart : Daily time frame. 3) On 5min intraday chart it had made bullish flag and pole pattern and gave breakout of it in 2nd half on 03-09-2021 and also took support from 460 level. Now 460 level will work as immediate support range. Please refer below chart : 5min time frame. ------------------------------------- Trade Setup for Date 06-09-2021: 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. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. by Trading_hawkUpdated 110
Buy HindalcoLong hindalco above 470 TGT 472-475 . Stock forming higher highs & expected to form new day high soonLongby Tech_stock_traderUpdated 2
HINDALCOentry @>475rs sl @460rs entry will active after breaking 472rs and sustain with high volumeLongby PRATEEKPATEL0
Simple Trade Setup | HINDALCO | 02-09-2021NSE:HINDALCO Observations: 1) On Daily Time frame you can see that it has followed FIB levels perfectly and immediate critical support level is 458. Please refer below chart : Daily time frame. ------------------------------------- Trade Setup for Date 02-09-2021: 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 tomorrow. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. by Trading_hawkUpdated 221
HindalcoHindalco uptrend + trend line breck + atter retest its conwort to down trend Shortby Vmalpar0
#Hindalco cash : Resistane @ 474 (Double top formation)#Hindalco cash 01.09.2021 Resistance @ 474 (Double top formation) Cmp 458 by anandnst227
Hindalco good short candidate.Bearish harmonic and wolf wave formation expecting good fall in counter from current levels good short candidateShortby RUDRA0074413
HINDALCO Target:- 646 Stoploss:- 436 Stock has already touch the support line, take support and going upward. This is clear indication of short term bull run. So we can take long position there.Longby marketaffairs556
Bounce off the trend line, 0.9:1, 8%Has not pulled back to the 21 ema yet. I would not risk much on this trade. Trailing Stoploss when you gain profits is advised. Longby TradeWithChannelsUpdated 0
Triangle pattern breakout || HindalcoHindalco gave a strong closing on Friday and broke the triangle pattern. Can be bought for a target of 458. CMP-437. SL isn't required for this stock but if anyone wants to keep it, it can be 412. HIT the like button if you liked my analysis.Longby TradingWithRahulUpdated 775
Target achieved in 2 days! 4.5% gain!!The stock was given 2 days ago at 438 and today it hit the target of 458. Do follow for more swing trading ideas. For reference, I am attaching the idea suggested below.by TradingWithRahul3
HINDALCO: Descending Broadening WedgeHINDALCO formed a Descending Broadening Wedge Pattern on 4-hour chart after the price peaked. Right now price is at resistance and is on the verge of giving a breakout.by Aditya_Pal_Singh0
Hindalco Downtrend Start !!TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 8-10 times. Shortby MohitAroraUpdated 5
[ INTRADAY ] HINDALCO SHORT BETrisk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all. ======= I use shorthands for my trades. “Positional” - means You can carry these positions and I do not see sharp volatility ahead. “Intraday” -means You must close this position at any cost by the end of the day. ======= Always follow a stop loss. In the case of Intraday trades, it is mostly the “Low/High of the Candle”. In the case of Positional trades, it is mostly the previous swings ********Shortby Palkesh_AgrawalUpdated 1
HINDALCO Text Book Example of FLAG Pattern 392 to 465 NIFTY StocOn June 13,2021 I shared to buy HINDALCO 392 to 400 is buy region. 427 is the resistance. once it crosses that sky is the limit. The breakout may take some, weeks to months. On July 15, 2021 it came in the buying range and after that it gave 18% Return in 1 Month. Longby RetailSwingTraders0
Hindalco Retested the Resistance BOHindalco has broken the Resistance Level at 426.95 and is has already retested the same. if it sustains above the Resistance level, the stock will riseLongby Darshan19711
Hindalco Fibonacci & PivotSome people say that pivot points are sufficient to identify trend and some say look at the other indicators like MCAD, Supertrend, etc. I would say everything works and nothing works. One has to use the right tool at the right time to identify trend, one tool or strategy will not work in all scenarios. Today after breakout best intraday call is Hindalco but the trick is always to identify and enter into the trade before breakout. Before pivot points super trend and MCAD clearly showed uptrend. As soon as it broke 402. Next clear target was 413 and now 427, 469 in the coming few days as per Fibonacci. Stay long in the trade as long as indicators are positive. Its simple. Pivot helps to identify support and resistance. Indicators confirms trend. Volume gives confirmation. Using all together gives the perfect opportunity to trade. One just need to know which tool to use and when, which requires discipline and patience.Longby Vinay227Updated 4
HINDALCO intraday trade idea for 17th Aug#HINDALCO entry and exit levels on the chart (refer black/blue lines). Place SL@0.4% of the entry price. Zones (in pink/orange) are the places where it's unsafe to enter. #INTRADAYby theharshvardhanbiswasUpdated 0
Hindalco on a important trend line supportHindalco is trending on a important trendline support. Please watch out for action. A breakdown or breakout.by Bishnujyoti4