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Hindalcotrade

UNDERSTANDING {HINDALCO} WITH (WAVES)!!! 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 chart, Price has a fresh Monthly Supply which will complete the last WAVE C of the Wave 2 also we have a small Buy Trade before the Wave C (Declining Impulse begins!!!) I jus Hope this is Understandable!!! ENJOY THE LAST UPRIDE!!!
NSE:HINDALCOLong
by WavesandZones
HINDALCO'S SHOULDER BROKEN !!! # MISSED trade# NSE:HINDALCO { What happened ? As u can see in chart, that share price is completely 10% broken down from 550 range; I was eagerly waiting for shorting this trade(From 12 April); but due to some work pressure ,I wasn't able to gaze the charts; And hence I lost a precious trade; Don't take any trade now since it already moved to the downside target; } What is Head-shoulder pattern?? { it's similar to human body; human have one head and two shoulders; In the same way the stock price moves from right to left shoulder by overstepping head; Even the situation may turn vice-versa; We will mark the shoulder line ,in the above chart the shoulder line was around 550; if shoulder line broke down ,then there is a huge probability of stock following the trend; i.e., if it's down trend then it moves further huge down till it reaches a supporting level; or vice-versa; } Moral of the story :- { Always Watch charts, NO matter what it takes; One good aimed trade better than 10 blind trades; Wait for chance, and grab the trade; Have price alerts for trades, since u cannot focus all time; } HAPPY TRADING { Follow for More exciting trades.. @VK2413 Show your ❤️by 👍to the idea.. Please express the trades You missed in comment section..! }
NSE:HINDALCO
by VK2413
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