Hindalco channel movementHindalco moving in a channel and price expected to reverse from channel top trendline which confluence with AB=CD harmonic pattern reversal zone. Entry around 750, SL if price settles above 760 in 1 hr timeframe, target 710.Shortby mu3lee1118
Hindalco LongHindalco MTF Analysis HindalcoYearly Demand Breakout 636 Hindalco 6 Month Demand Breakout 636 HindalcoQtrly Demand Breakout 620.5 HindalcoMonthly Demand BUFL 662 HindalcoWeekly Demand 698 HindalcoDaily Demand DMIP 730 ENTRY -1 730 SL 715 RISK 15 Potential Target 822 First Target Points 822 First recovery Target Points 107 Last Swing Low 608 Last Swing High 715 RR 7 RR 13% Longby pradyammm2
HINDALCO - 4 months RECTANGLE══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk. ═════════════════════════════Longby TheArtOfCharting3
Darvas Box Strategy - Break out Stock - Swing TradeDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only. Stock has given break out. Buy above high. Keep this stock in watch list. Buy above the High and do not forget to keep stop loss, best suitable for swing trading. Target and Stop loss Shown on Chart. Risk to Reward Ratio/ Target Ratio 1:2. Stop loss can be Trail when it make new box / Swing. Be Discipline, because discipline is the key to Success in Stock Market. Trade what you See Not what you Think.by AnsariTV1
HINDALCO INDUSTRIES LTDBreakout happend in this stock with rising 200dma and RS indicator is also showing strength. Keep your risk and reward ratios according to your own preferance. This is for educational purpose, do your own research before investing. Longby HV0906044
Crossover Swing + Breakout Trade - HINDALCO📊 Script: HINDALCO 📊 Sector: Non Ferrous Metals 📊 Industry: Aluminum and Aluminum Products Key highlights: 💡⚡ 📈 Script is trading at upper band of BB and giving breakout of it. 📈 Script is giving Cup & handle Pattern Breakout on daily chart. 📈 Already crossover in MACD. 📈 Double Moving Averages are giving crossover. 📈 Right now RSI is around 66. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 717 🟢 Target 🎯🏆 - 810 ⚠️ Stoploss ☠️🚫 - 672 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂Longby radha_2323
Good Buy HindalcoHindalco is fundamentally a very good stock and has given good returns in the past. Currently, it has formed and given a breakout of a symmetric triangle pattern in a weekly timeframe with good volumen and trading in a daily/weekly channel. It has cleared its first resistance which was a zone of 450 and is now ready to travel up to the upper body of the channel. A fresh position can be created at CMP or in the dip in the price zone of 410-430. Keep a strict stop loss of 380. It has the potential to give a return of 20-30% in the coming weeks. Happy trading :)Longby ProPriceActionTradingUpdated 6
Hindalco Industries Ltd view for Intraday 3rd September #HINDALCHindalco Industries Ltd view for Intraday 3rd September #HINDALCO Buying may witness above 690 Support area 679-680.. Below ignoring buying momentum for intraday Selling may witness below 679 Resistance area 690 Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra5
Retest Breakout Level....NSE:HINDALCO trade at 700 level. stock Resistance at 715. Support at 600. When its break resistance level you can watch it as a next resistance at 900.Longby thecapitalmarkets1
Hindalco chart analysisHindalco chart analysis on daily time frame. If is breaks 714 then we can take position into this stock. Please share your valuable feedback and follow for more charts.Longby mystery_indian_Trader3
Hindalco Industries Ltd view for Short Time Frame and for Intrad#HINDALCO Hindalco Industries Ltd view for Short Time Frame and for Intraday Need to sustain above 713 for Bullish pattern formation. Also Tripple bottom pattern for reversal. Buying may witness above 713 Support area 700. Below ignoring buying momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra1
HINDALCO INDUSTRIES LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/share) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh2
HINDALCO Longperfect retest of the breakout we had post 4 years or so of ranging. We should now start moving up towards the tp targets. Patience and manage volatility. Longby Oreo19850
Hindalco Nearing Bullish BreakoutHindalco Industries Ltd is currently in a consolidation phase and approaching a potential bullish breakout. Key levels include Resistance 1 at 687 and Strong Resistance at 709. A decisive move is anticipated soon.Longby GlobalMarketGuru6
HINDALCO INDS - CUP & HANDLEHINDALCO INDS has formed a Cup & Handle pattern on its weekly chart. This pattern took over 2 years to develop. It is now retesting and has formed a hammer candle. The stock may dip slightly to touch the 50 EMA before reversing upward. Key Takeaway : Identifying support and resistance levels is crucial. Two years ago, the 622 level was a resistance but has now become support after being broken. The Cup formation happened at the 50 EMA, which provided support and then reversed. It has since re-tested this old resistance, which should now act as support. The hammer candle near the 50 EMA suggests a potential reversal. The stock may stay at this level for a few days or start moving up in the coming week. This is for learning and educational purposes only, not financial advice. by SatpalS222
HINDALCO MY VIEW My view in hindalco ltd for upcoming days, there will positive uptrend in chart Risk warnings and investment disclaimers are important for investors to understand the potential risks and conflicts of interest associated with an investment12. Risk warnings are used to explain possible reasons why an investment’s outcome might suffer losses, while investment disclaimers ensure that the material, research or investment advice discloses potential conflicts of interest1. Disclaimers and exclusion clauses in contracts are used to limit liability for injury, loss or damage3. Longby Guruzzz8
HindalcoHindalco looks good in upside good risk reward hope its usefull Traders...Longby Animalworld3
HindalcoOn a new trend, Hindalco is set to go for new targets Target 1 - 835 Target 2 - 960 Target 3 - 1160by Ankit_Silverline5
HINDALCO IS VERY BULLISH IN DAILY AND WEEKLY CHARTNSE:HINDALCO Hindalco is very bullish in daily and weekly chart. buy 650 - 675 Sl 580 Target 930+ time duration 1-2 month Longby Option_Premi5
HINDALCO INDS S/RSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh0
Level for Hindalco Industries for 30th MayLevel for Hindalco Industries for 30th May #HINDALCO Buying opportunity above 709 Support area 650 Charts for Educational purposes only. Please follow strict Risk Reward and Stop Loss if you follow the levels. Thanks, V Trade PointLongby vichithra10
HINDALCO: METAL TO METTLE?Hey There, Welcome Back. We are not big fans of industries that are on the commodity (Raw Material) side of the value chain, But for those who don't mind, Here is everything you should know about Hindalco. - A support trendline has been pushing the price up - An ascending triangle was formed with the recent 6M consolidation - A breakout candle broke both the AT Range and crucial resistance zone - The breakout came in as a Bullish engulfing that adds to the positives - Overall for the last 15 months, the price has been sideways - If you draw a resistance line from top, We saw a breakout of that too. Not the most reliable trendline, but it still adds to the analysis - Price is nicely above 200EMA - Previously the price failed to sustain the 500 mark. What will it do this time? Have Insights or Questions? Let us know in the comments below.👇 While you do that, how about a boost for some motivation🚀 ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻Longby TheCharteredsUpdated 42