This stock price is now near its demand zone. A strong fall is noticed from the resistance zone @620. on bottom side we have also trendline pushing the price upwards and acting as support. Find long oppurtunities in this stock from trendline or demand area.
this stock is trendling Upwards.. now the price is at Resistance Zone... if it failed to break the resistance it will continue its fall, on bottomside trendline is acting as a support. keep in long side as long as price is above the trendline.. On top side after a strong fall price is going to test the resistance, so keep looking for short from this zone. ...
Price is now enters into the daily resistance zone,wait for the price to be bearish after a strong bullsihness price is facing resistance. the area of value at 470 price may push it upside again...so keep looking for short side...
this stock is trading in a range... from several days....wait for the breakout or breakdown...keep add in your watchlist... if again continue its movement towards upside from the channel or break.... if it moves upside we have resistance @445-450 zone...support is located @400 zone...
observations:: previous demand zone resisting the price to go up... If price breaks the demand zone price completes...bearish gap. before going to fill the bearish gap, we have a bullish gap left @410 range... if this acts as support...we will observe bearish gap be filled soon. keep track this zones...
As per my analysis, it is the best time to take buy entry at 404-405 on NSE:HINDALCO with stop loss of 395 (-10 Points Risk). My expected upside target would be 414 & 433 (If any daily candle closed above level of 415. Note: This is my personal analysis, only to learn stock market behavior. Thanks.
Price has given a Buying Signal and has given a Pullback into a Potential Monthly Demand and should shoot to the Resistance formed @ 458.60 ENJOY THE RIDE ! ! !
Price has completed the 5 Wave Impulse in 12 Months Chart this is the last wave of uptrend in Correction as the Trend is in Downward direction, the target of this Long Trade is the Entry price for a Short Trade, so timely exit is as critical as the Entry is... ENJOY THE RIDE ! ! !
Price has formed a 5 Wave Impulse in Monthly chart, which completes the Wave 1 in the Higher Loop Currently Price is in Correction forming the Wave 2 in the Higher Loop, which ends in a Demand formed in the 12 months chart @ 284.00 also this is the Price from where the Wave 3 starts, Focusing on the current Price we are in a simple correction in Monthly...
Hindalco coming to support zone take bullish candle at support and enter for delivery.
Hindlaco shows bullish momentum. weekly time frame trying to form flag pattern Intraday Levels marked All levels are education purpose only.
NSE:HINDALCO seems to be bullish above the level of 470. The level is the neckline of the inverted head and multiple shoulders which is a bullish pattern and as the script is already bullish in long term, it's a continuation chart pattern here. As you can see, after the breakout of the neckline price has retested the level and rising after taking the support. So...
1. now RSI 40 support zone 2. breakout test done 3. monthly time frame/weekly time frame its bullish
Watchout for Hindalco. Formed a rising wedge patternon monthly timeframe. Any good retest to the marked zone will be a very good safe long term bet for next 10 years.
Hindalco was on the top gainer's list yesterday, registering a gain of approx 3%. The price action on all the time frames looks positive and it's likely and it could continue the move further on the upside in the coming trading sessions as well. To continue the upside, the stock should sustain above 380 levels and the immediate resistance it has is around...
REASON FOR THE BUZZ IN THE MARKET. MONTHLY ALL TIME HIGH BREAKOUT.
Hindalco daily chart has got a probability of Crab Pattern. Sustaining above 250 levels, chances are high, that It will movards 272 and above..