HINDALCO trade ideas
HINDALCO sell for intraday tradingHINDALCO sell for intraday trading if stock break the given support zone,............
HINDALCO 25% move upside EXPECTED
CONVICTIONS
1. Double bottom pattern
2. RSI divergence
3. Long support
NSE:HINDALCO
HINDALCO sell for intraday tradingHINDALCO sell for intraday trading if stock break the given support zone,..........
Hindalco Long buyOne can see a perfect W pattern in Hindalco. Wait for the break out and we may see a good rally in Hindalco. Today Q4 results will also get published for it.
Disclaimer: This is just for information and education purpose and not any kind of investment or trading advise. Consult with your financial advisor before making any investments.
Falling pricesDue to the structure of Neo View, we are reforming and we expect the price reform to be within the Fibonacci range.
HINDALCOHindalco Industries Limited an Indian aluminium and copper manufacturing company, is a subsidiary of the Aditya Birla Group. Its headquarters are at Mumbai, Maharashtra, India. The company has annual sales of US$15 billion and employs around 20,000 people. It is listed in the Forbes Global 2000 at 895th rank.
HINDALCO sell for intraday tradingHINDALCO sell for intraday trading if stock break the previous days law ........
Hindalco - Swing BUY around 390 Swing BUY around 390
Will break the Trendline soon :)
If it falls below 370, avg it .
It is suppose to fall ?? Short Sell Hindalco Batter ease up positions there in hindalco.. expecting to start corrective phase soon.. do u expect the same ??
Please enter after proper sell setup and confimation only..
leveles to watch around - 625-630
HINDALCO (NSE) Will bounce back !Hindalco is on the verge of a bounce back from a support zone. Can be good for long once if it bounce back and breaks the 2nd target of 500 . It is having a support zone of around 429-437 in a HINDALCO (NSE) daily time frame . This idea is for learning purposes only, if you want to trade then trade with your own risk, proper money and risk management. And always trade with a stop-loss. Happy Trading !
HINDALCO SEll for intraday tradingHINDALCO SEll for intraday trading if stock break the given support zone..........
sell hindalco Daily timeframe channel breakdownHindalco broke daily timeframe channel
sell at 540
stop loss 560
1st target 510
2nd 475
3rd 450
Hindalco Trend AnalysisChart shows clear downtrend in Hindalco.
Strong bullish divergence in RSI on both daily and weekly timeframe hinting towards possible retracement.
Expecting key support around 455 level for a retracement till 540 level.
After which it will head lower towards 390 level to form a zigzag.
That will be the best area to accumulate for long term positional trade.
For short term swing trade:
Buy around 455
Target around 540 (18.5% ROI with 3.6 R:R)
Stop loss @ 430
For long term positional trade:
Buy around 390
Target around 765 (96% ROI with 10.7 R:R)
Stop loss @ 355
Kindly do your own research before trading.
Peace!!
HINDALCOHindalco Industries Limited an Indian aluminium and copper manufacturing company, is a subsidiary of the Aditya Birla Group. Its headquarters are at Mumbai, Maharashtra, India. The company has annual sales of US$15 billion and employs around 20,000 people. It is listed in the Forbes Global 2000 at 895th rank.
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
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}
HINDALCO CHART ANALYSISHere we analyze the price chart of HINDALCO . You can take a look at our analysis and customize your own trade.
Hindalco Long SetupHindalco Long Setup
Hindalco respects 44EMA many times.
Currently at 44EMA, and demand zone too made doji.
Multiple confirmation, highly probable setup.
Long at CMP 570
SL 550
Target 630+
HINDALCO sell for intraday tradingHINDALCO sell for intraday trading if stock break the given supportzone..................
hindalcoon daily chart demand has been created ...n rsi diversion on daily so price can restest ..that demand ..v can go long
HINDALCO sell for intraday tradingHINDALCO sell for intraday trading if stock break the given support area with big red candle.........
HINDALCO sell for intraday tradingHINDALCO sell for intraday trading if stock break the support zone...........
