As 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.
Price has given a Buying Signal and has given a Pullback into a Potential Monthly Demand and should shoot to the Resistance formed @ 458.60 ENJOY THE RIDE ! ! !
Sell below low of breakdown candle at 433.6 stoploss at 442.9
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.
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 ! ! !
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...
HINDALCO 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 seem to have touched its current swing high. Rest of the week should take it down.
HEY Everyone, Another analysis is Hindalco you see the chart pattern Hindalco makes a bullish Head & Shoulders pattern, when the candle breaks the previous high went long 1st the target is 3.50% movement Note: Trade with strict stop loss. It may or may not hit all the levels. So one can book profit/loss at the respective level considering how price action work...
It seems downward move of Hindalco is almost over. Can be a good candidate for buying in coming days
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 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
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. . HINDALCO 1 hour : It has taken the liquidity from major high. *Wait for the opportunity in lower timeframe (5 min) and we could see downside movement. THANK YOU !!!!
HINDALCO LEVEL FOR TOMORROW.... Follow strict risk reward and stop loss... Consider charts for educational purposes..
Updated targets as per fib levels. Keep trailing for more.
#MAITHANALL NSE:MAITHANALL CMP: 1050.15 TP: 1270 // 1300 // 1400 SL: 949 TF: <6m RR > ~2.5 times Return > ~24% MAITHANALL SAIL HINDCOPPER HINDZINC NIFTYMETAL TATASTEEL CNXMETAL HINDALCO JSWSTEEL NATIONALUM JINDALSAW JINDALSTEL COALINDIA NMDC GMDCLTD VEDL Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout....
#TINPLATE NSE:TINPLATE CMP: 352.10 TP: 400 SL: 328 TF: <6m RR > ~2 times Return > ~13% TINPLATE TATAMETALI SAIL HINDCOPPER HINDZINC NIFTYMETAL TATASTEEL CNXMETAL HINDALCO JSWSTEEL NATIONALUM JINDALSAW JINDALSTEL Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle....
#NATIONALUM NSE:NATIONALUM CMP: 78 TP: 98 SL: 71 TF: <6m RR > ~2.6 times Return > ~25% NATIONALUM NSE:TATASTEEL NSE:JINDALPOLY NSE:SAIL JSWSTEEL JINDALSTEL HINDALCO TATASTLLP JINDALSAW JSL JSLHISAR JINDWORLD JINDRILL JINDALPHOT VEDL HINDZINC HINDCOPPER Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern...