Hindalco Industries Ltd Shareholding Pattern is stable. Good for long term investment.
Buy above 500 price and hold for 630 target. Analysis is based on 125 min time frame. See the chart and take decision after on own analysis.
PROS
Company is expected to give good quarter.
Company has delivered good profit growth of 47.5% CAGR over last 5 years.
Company's...
Price coming from weekly demand zone.
Execution points of supply & demand zone are marked.
No supply zone on higher time frame because price previously reacted from all time high.
If you know about bank nifty trend and trend is bearish. So please wait for lower high formation.
1:15 candle formed our LH setup and I shorted here and booked good profit.
please watch my video and share.
If you know about bank nifty trend and trend is bearish.
So please wait for lower high formation. Usually lower high candle will formed near recent resistance(previous support which now started acting as resistance) and consider those candle only.
You can use 100 EMA & 20 EMA to identifty trend. If candles are below 100 EMA or below both 100 & 20 EMA means trend...
Manappuram finance stock price is at weekly demand zone whose achievement was 139 to 218 price movement. if current financial & banknifty fall stopped than it's will very good zone to buy this stock.
