Risk:Reward = 1:5Hindalco Fut break out of ascending triangle patern on an hourly charts with decent OI addition suggesting long build up. Risk:Reward = 1:5 Could b bought with mentioned stoploss & target.Longby TORTOISE_MS0
HINCALCO almost SLplanned the reade in gap down outside the zone in 15 min, but it was still within 75 min consolidation range, price may fluactuate around these upper and loer ranges levels. IT was not a appropritate trade paln innt that way. More over price touched in that gap down , and came down all of asudden . But my mistakwas that i taken the entry quite urgently once the price was comming alost .8% doen, probably i shpuld have waited for the price to retrace back and then enter my entry ... now stock is consolidatiijg at the higer level, potential to come down, but still i need to improve the tade executionShortby financial_freedom_with_guna2
HINDALCO1!01-12 Daily chart of HINDALCO1! LTP: 465.60 The pattern looks like the bullish ascending triangle. The supports are at 426.90 (200 EMA) and 424.65 (manual). Candles holding strong above 200 EMA is a bullish signal. I have gone long for short term tradeLongby travellingtradermumbai2
Hindalco1!28-11 Daily chart of Hindalco1! LTP: 433.10 The candles have respected the resisting trendline (manual) The candles have respected the resistance at 442.30 (manual) If the weakness carries, the candles might break the support at 426.10 (200 EMA) and head towards the support at 358 (manual) I bought 430 peShortby travellingtradermumbaiUpdated 0
Hindalco tested breakout level1. now RSI 40 support zone 2. breakout test done 3. monthly time frame/weekly time frame its bullish Longby AsifHussain9990
HINDALCO BULLISH IDEAHINDALCO FUTURES GOOD FOR LONG ABOVE 383 TREND LINE BROKEN STOCK WAS IN DOWNTREND NOW TIME FOR A PULL BACK TRADES ON THE CHART by budaniapushpendra94Updated 3
Long Hindalco -Strong Weekly and Monthly momentum Suggested by RSI above 60 Breakout in Price Supported by: a) High Volume b) Breakout in Daily RSI c) Relative Outperformance to Broad Market (CNX500) d) Leading Market Sector 1. Enter Long 402.25 2. Initial stop loss below 386 on closing basis in hourly timeframe. 3. Trailing Stop with SuperTrend or Adaptive ATR on 120min Timeframe XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX Risk Disclosure DISCLAIMER: Futures , stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of futures , stocks and options may fluctuate, and, as a result, clients may lose more than their original investment. The impact of seasonal and geopolitical events is already factored into market prices. The highly leveraged nature of futures trading means that small market movements will have a great impact on your trading account and this can work against you, leading to large losses or can work for you, leading to large gains. If the market moves against you, you may sustain a total loss greater than the amount you deposited into your account. You are responsible for all the risks and financial resources you use and for the chosen trading system. You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor. All trading strategies are used at your own risk.Longby KritarthVashishth1
HINDALCO shortHindalco is a classical trading stock. It follows very clear trend, weather it is uptrend or down trend. Here Hindalco clearly shows the trend reversal. Shorting at 185 level is good entry point. Stop loss will be 190 level. Look at your own risk. Your humble trader KiranShortby KiranSunku2016111