HINDA trade ideas
HINDALCO--In RANGE Bound ??Observations:
----->> The stock is trading in a range bound for long time.
------>> now its trending downwards in 15min time frame and now its near to support again, if support breaks will see downwards up to 420 range.
------->> we have a trendline resistance as well, if breaks will again move back to 445-450 range.
------->> keep an eye on these levels.
{HINDALCO}:(FINAL RISE FOR 4.5%)
Price has completed the 5 Wave Impulse in 12 Months Chart this is the last wave of uptrend in Correction as the Trend is in Downward direction, the target of this Long Trade is the Entry price for a Short Trade, so timely exit is as critical as the Entry is...
ENJOY THE RIDE ! ! !
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!!!
Hindalco Weekly - Symmetrical triangleHINDALCO symmetrical triangle pattern in weekly timeframe
Buy if it breakout above ₹460
Targets : T1 - 500
T2 - 555
T3 - 636
Stop Loss - 375
R:R - 1:2
#NFA #DYOR
#hindalco looking good for upcoming day#Hindalco... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
INTRADAY IDEA ON HINDALCO ON 2-05-2023in HINDALCO we will take a long trade,this content is made for learning and educational purposes only. we are not responsible for any losses or profits.
Short term call Buy Hindalco above 440 for the target of 472 /505. Sl 410
on holding basis....
Short Term Call...
INTRADAY IDEA ON 26-04-2023in HINDALCO we will take a long trade,this content is made for learning and educational purposes only.
HindalcoHello & welcome to this analysis
In this chart we can see
a diagonal breakdown which bought the stock down to 380
where it went into form a bullish harmonic cypher
to be followed by a bullish RSI divergence
It could now attempt further upside till 425, then 440 & 455 as long as it sustains above 400.
Good set up for momentum at the moment.
Sell signal in Hindalco
Hindalco seem to have touched its current swing high. Rest of the week should take it down.
Hindalco ( upside possible )This stock is forming higher lows and is looking strong for near breakout. Good buying opportunity above 422.45 with a stoploss of for targets of 429.85, 438.05 and 447.
Trade wisely at your own risk appetite,
Good luck, Jai Hind.
HINDALCO 1D (27 MARCH 2023)NSE:HINDALCO
Hello traders ,
All important levels are drawn in the chart.Work with risk reward ratio. not taking a trade is also a trade.
A trade cant change anything keep in your mind,if you think one trade can change your life then you are doing gambling in the market.take calculated risk.
DISCLAIMER- We are not a SEBI registered advisor.this is only for educational purpose. before taking trade take advice from your financial advisor.We will not be responsible for your profit and loss.
hindalcoTHE IDEA WILL BE ONLY FOR STUDY PURPOSE.
wait for the breakout till then keep your eye on the stock.
Downmove almost over
It seems downward move of Hindalco is almost over. Can be a good candidate for buying in coming days
HINDALCO : Break Rising Wedge PatternHindalco Ind. Stock on Daily TF wee can see that the stock had broken the Rising Wedge Pattern in down side with high volume, which had made from June '22 & Broken 6th Feb then stock consolidated from a week and was broken consolidate on Friday now stock is ready for downside Journey. Stock is week on short and long term basis.
Entry : CMP
Sl : 427
Downside Move : 407,396
Trendline Breakdown in Hindalco Industries Limited...Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
HINDALCO - Short HINDALCO - Cypher pattern
A daily close below point B will invite a target will point D.
NOTE - Wait for definite close, no need to rush entry.
Hindalco in support - view for 16th FebHindalco in support - view for 16th Feb
Below 425 expecting a fall...
Please follow strict risk reward and stop loss...
Charts for Educaitonal purposes only.
Thanks,
V Trade Point
Fill Up Your Portfolio..Soon On Moon🚀Just On support and Ready for Boom .. 🚀🚀🚀🚀😘😘... And also just on trend line support... Just at small SL..
HINDALCOIn the Weekly Chart of HINDALCO ,
we can see that, After the failure of Cup & Handle, it bounced back.
Again it has failed.
lets se it will bounce back or touch the line and fall down.
Whole Steel Sector is down.
HINDALCO making an inside bar - may go down from here
Hindalco making an inside bar today. A big move is expected in this stocks
Considering gap down of yesterday, it will need to lot of strength to go up and fill this gap, instead i believe it will go down further and lower end targets as shown in the chart in coming days. but as we all know, market can ourtsmart all of us.
