HINDALCO
It has breached the earlier levels given in the above chart and once again is a buy with stop loss of 180 for a target of 186, 189 and 193
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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HINDALCO trade ideas
HINDALCO - At the verge of breakout soonIt is hovering at the pre pandemic resistance levels. Resistance at 202 has been tested once and rejected at the breakout level. In my opinion it may test the resistance one more time before the breakout happens. If this follows the lower trend line in my opinion the breakout is certain around the last week of september 2020. If during now and sep last week its touches 202 two more time the breatout would be immediate on the following.day.
Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK.I m not your financial advisors. Risk it for the biscuit.
HINDALCONSE:HINDALCO
CAN BE LONG WITH STOP LOSS OF 180 FOR A TARGET OF 190 AND 196
*************************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
HINDALCO Intraday Opportunity Narrow CPR - 17-Aug-2020We can trade Hindalco for indraday because it has Narrow CPR on 17-Aug-2020 . You can Buy near CPR if it's trade above CPR or Sell if it's trade below CPR and Book profit near R1, S1 or trailing for more profits
R1 - 189.40
CPR- 185.0
S1 - 180.40
short hindalco ???stock is has now been taking support from its monthly resistance level. inverted hammer pattern suggest it will go down to levels as indicated on short term. however, the auto index needs to be closely watched as it is rising and rising !!.... undesided on the trade direction....but slightly inclined towards the downside. lets see...
HINDALCO Weekly/Daily supply zone 185.4-199.2HINDALCO Weekly/Daily supply zone 185.4-199.2
pro:
1.Daily 3 exciting candles from the zone
2. level over level
cons:
1. 240/120 does not have good structure
2. MEtal is trending now, so be catious even it may react from weekly supply.
So, take confirmation entry
cmp_182.4 . its reacting from the supply zone 11Aug2020