Day TF Market has broken previous high and retracement candle formed by rejecting the same zone Day TF Market has broken previous high and retracement candle formed by rejecting the same zone 15 Min TF Price is in downward range after breaking consolidation area towards upside. Previous resistance has converted to support which is strong sign of holding price...
Hindalco breakout from all time high! best position for buy i will probably go in with like 7,082 rupees (11) qty (not recomendation)
Unbeatable Bullish trend on Hindalco Industries. The indicator provided a green buy signal on 21st Mar to go for a long position. Still the Hindalco is in that trend and its untouchable now.
A strong base was created. With strong fundamentals and a good technical combination 20% upside ahead. You may buy with a decent stop loss.
Stock is at all time high...good for accumulation at retracement.
Hindalco create a gap over 6% on there quarter earnings, after that Hindalco make a range in between 500--540. In current closing Hindalco gives the breakout of range. RSI show positive momentum, gives closing above 50 . Its structure shows a positive momentum for bull above the high of Friday closing.
All details on chart and this for education purpose only. now given chart is cup and handle . that's now how many respect this chart and public.
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
HINDALCO INDS on weekly time frame created bullish cup and handle chart pattern at its ATH can play for swing trade with your prefered RR once it close abv its ATH level with gud volume spurt and strong bullish candle.
Hindalco made a quick retest of 496 which was a important QM Level on weekly chart and has shown reversal on LTF. Time to go long with T1 - 625 T2 - 712 T3 - 835
Hey There, Welcome Back. We are not big fans of industries that are on the commodity (Raw Material) side of the value chain, But for those who don't mind, Here is everything you should know about Hindalco. - A support trendline has been pushing the price up - An ascending triangle was formed with the recent 6M consolidation - A breakout candle broke both the...
I think it is right time to book profit in Hindalco or take fresh short position. After 26% upside from last low, it is giving signals of exhaustion. Should we take short position tomorrow?
Hindalco on the Daily is looking to Gap fill After the Q3 earnings for period ending Dec 2023, stock dropped from 580 towards 500 levels. Consolidated for some time and is now trying to fill the gap to the upside. Hit 560 today. As long as 550 holds on a daily closing basis, expecting it to see 570 and 580
📊 Script: HINDALCO 📊 Nifty50 Stock: YES 📊 Sector: Non Ferrous Metals 📊 Industry: Aluminum and Aluminums Products Key highlights: 💡⚡ 📈 There was a huge gap down on 13th Feb so, Script may fill the gap. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 558 🟢 Target 🎯🏆 - 593 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new...
As observed, HINDALCO is currently exhibiting a pattern indicative of a wedge formation, with clear adherence to both support and resistance levels. It appears to be nearing the conclusion of this wedge formation, likely completing the e wave. Furthermore, an additional wedge seems to be forming atop the existing structure. Should the 12345 wedge sequence break,...
Buy HINDALCO @ 535-537 Add more @515 SL 500 Targets 560/580/600
Hey Folks! All the important levels are marked along with the description. I have introduced My new concept of "Time Probability" in this chart which is marked with "YELLOW CIRCLE". In simple words expecting a reversal or a breakout when the stock is in the "YELLOW CIRCEL" . These levels are marked for expected Uptrend. Strategy is simple. Entry point is the...