HINDA trade ideas
selling pressure till 437till 437 selling pressure
456 above closing only safe
my best entry point below green area
HINDALCO INDUSTRIES LTD.,Hindalco Chart is quite strong with Bullish View at CMP 449.00
Patterns are drawn on Daily Chart and as usual complex drawing is presented. However for better clarity, part of the chart is published for your thorough understanding.
Target as follows:
Tgt: 463.50 (Daily Chart Basis)
SL: 444 (Closing Basis)
Market is all about OPPORTUNITY / ENTRY / TIMING !!!!!
Basis some minute observations, chart analysis is made, target and SL is given to understand the core of the subject for learning purpose only.
HINDALCO - A stock to watchThe stock has been making Higher Highs and Higher low from the recent low. Now attempting to take out the previous rejection Zone. Good support in terms of Relative strength, Money Flow and buying Pressure. Also showing positive Strength. Above the short and long term moving averages in both daily and weekly. The Metal index is also supporting in terms of bullishness. A close close above 454 will take it higher and will test 500+ levels.
Hindalco Triangle Pattern BreakoutBuy Hindalco if the Price sustains above Rs. 440. Pattern Breakout plus a confirmaton has been given above the Resistance line.
Disclaimer:I am not a SEBI Registered Analyst, and the views expressed here are solely my own and for educational purposes only. Make sure you consult your Financial advisor before investing, as I won't be responsible for any losses incurred.
HINDALCO BULLISH BREAKOUTHindalco was trading in a symmetrical triangle and has given a bullish breakout.
Entry can be initiated near current market price.
Stop Loss- Below 398
Target- 1. 500
2. 620
HINDALCO--Channel Breakout or Breakdown ?? 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...
Hindalco looking to hold ground and nudge ahead.Hindalco Industries Ltd. is the metals flagship company of Aditya Birla Group. It’s major operations include resource mining, Alumina refining, Aluminum smelting, Copper smelting etc. Hindalco ranks among the global aluminum majors as an integrated producer and footprint in 9 other countries.
Hindalco Industries CMP is 427.85. Negative aspects of the company are declining annual net profits, declining cash from operations annual and MFs are decreasing stake. Positive aspects of the company are no debt, FIIs are increasing stake and zero promoter pledge.
Entry after closing above 437. Targets will be 449 and 461. Long term targets in the stock will be 483 and 504. Stop loss in the stock should be maintained at closing below 381.
Hindalco !$BSE:HNDL1
When the retest happen then enter
Target :- 381.35
ENTRY :- 408.50
Stop-loss :- 417.25
The Target can be 317.50
HINDALCOMetals have not rallied yet and if it turns up in coming week then hindalco may have good upside. Long with SL of 407
Hindalco Upmove expectedHindalco is at 408
SL: 404
Target: 477
Aggressive player can enter in it due to Good Risk: Reward Ratio. Safe Players wait for Price action confirmation.
Choose your segment wisely.
Long Term investor can Plan for 566.
Symmetrical Triangle in HINDALCOKeep a close eye on HINDALCO.
Symmetrical triangle pattern forming.
If price breaks out, look for buys.
If price breaks dow, look for sells.
HINDALCO - Bullish Momentum with VolumesNSE: HINDALCO is closing with a bullish momentum candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
HINDALCO INDS Make triangle chart pattern in 4 hour time fram , take support of 50 EMA , MACD and histogram saw fair value for bullish way if take break out at resistance level first Target will be 492.45 if take break out at support level Target will be 327
This is for educational purpose not a trading advice so that's my view comment down your view.
HINDALCO--Bullish Gap or Bearish Gap ??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...
HINDALCO DAILY CHARTRange is set on daily charts of HINDALCO.
Any move beyond it will resume the trend.
Hindalgo Trade analysis..Nearing resistance line May be reverse form here.
Holding above 420 can give movement up to 450 levels also. Let see.
Need gap up opening above 420 then retrace then further upside can. ?
If flat or negative open then will go down ?
Hindalgo Trade analysis ideaNearing resistance line May be reverse form here.
Holding above 420 can give movement up to 450 levels also. Let see.
Need gap up opening above 420 then retrace then further upside can. ?
If flat or negative open then will go down ?
Bearish on hindalcoAccording to the present date and conditions, I am looking Hindalco on a bearish side according to the technical side.
There were multiple factors making this stock bearish.
1. Stock pattern was in the downtrend.
2. Failing to cross and sustain above important resistance
3. Stock price below important moving average levels.
Only we can turn bullish on this stock if it closes above the trendline stronger. you can see the trendline drawn on this chart.
Coming to support, Hindalco shows decent support at 382.
HINDALCO LOW RISK HIGH REWARD IDEAAs 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.
Looks goodLooks good if it breaks the triangle.
Not an investment advice. Do your own due diligence before investing.
