HINDA trade ideas
HINDLACOSeems to have bottomed and consolidating well along with rest of the sector.
the range is 190 to 220 in which the moves are happening.
Look for an up move abv 210 as and when the trend rverses
buy only abovebuy above 204.25
target 208.25
SL: 200.25
bad R:R 1:1 but it works
SELL only 199.55
target 194.25
hindalco in channelprice closing below the channel will result in moving of hindalco price near the support (green line)
there is a divergence between volume accumulation and price. indicating high probability of breaking the channel in downward direction.
HINDALCO - DAILY - BULLISH GARTLEYI Can see a BULLISH GARTLEY in HINDALCO at DAILY TIME FRAME..
RISK REWARD shown in the chart.
Hindalco--Pure BUY for target of 214Hindalco, Trading at its major Support of 201..
Pure BUY , 214-->>220-->
NSE:HINDALCO Sell For 05 Dec 2018NSE:HINDALCO sell initiate for 05 Dec 2018 using 30 minutes chart based on Fibonacci levels,
check below Sell level :
Sell Below : 229.7
Stop Loss : 233.4
Target : 227.35
NSE:HINDALCO Sell For 21 Nov 2018HINDALCO sell initiate for 21 Nov 2018 using 1 hour chart based on Fibonacci levels,
check below Sell level :
Sell Below : 219.85
Stop Loss : 222.4
Target : 217.4
HINDALCO - DAILY - BULLISH GARTLEYIn the DAILY timeframe HINDALCO forms the BULLISH GARTLEY pattern...so we can enter the LONG as per the RR shown in the chart..
Hindalco Bamm EffectLong if it breaks the high of the previous day with a stop loss at the previous day's low.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
HINDALCO showing strengthTook support from the clouds and respected 50 EMA and moving up. Took an entry at 245. First target is 263 and second target 275. Expecting this run to make new highs. Stop at 239.
Elliot for Hindalcoeverything is explained in chart & correction can go upto 216 price level. lets see what happens.
