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
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 bough
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 timefr
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The current price of HINDALCO INDS FUTURES is 654.00 INR — it has risen 1.69% in the past 24 hours. Watch HINDALCO INDS FUTURES price in more detail on the chart.
The volume of HINDALCO INDS FUTURES is 100.80 K. Track more important stats on the HINDALCO INDS FUTURES chart.
The nearest expiration date for HINDALCO INDS FUTURES is Aug 28, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell HINDALCO INDS FUTURES before Aug 28, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For HINDALCO INDS FUTURES this number is 184.80 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for HINDALCO INDS FUTURES shows that traders are closing their positions, which means a weakening trend.