HINDALCO INDS

NSE

HINDALCO

bull bat

price closing below the channel will result in moving of hindalco price near the support (green line) there is a divergence between volume accumulation and price. indicating high probability of breaking the channel in downward direction.

I Can see a BULLISH GARTLEY in HINDALCO at DAILY TIME FRAME.. RISK REWARD shown in the chart.

Hindalco, Trading at its major Support of 201.. Pure BUY , 214-->>220-->

NSE:HINDALCO sell initiate for 05 Dec 2018 using 30 minutes chart based on Fibonacci levels, check below Sell level : Sell Below : 229.7 Stop Loss : 233.4 Target : 227.35

HINDALCO sell initiate for 21 Nov 2018 using 1 hour chart based on Fibonacci levels, check below Sell level : Sell Below : 219.85 Stop Loss : 222.4 Target : 217.4

hindalco uptrand

hindalco

Can be a buy at support if it holds TGT-205, SL-192

In the DAILY timeframe HINDALCO forms the BULLISH GARTLEY pattern...so we can enter the LONG as per the RR shown in the chart..

Long if it breaks the high of the previous day with a stop loss at the previous day's low. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.

Took support from the clouds and respected 50 EMA and moving up. Took an entry at 245. First target is 263 and second target 275. Expecting this run to make new highs. Stop at 239.

everything is explained in chart & correction can go upto 216 price level. lets see what happens.

248 tgt buy

Research Purpose

Research Purpose

Research Purposes

Broke the LL and breaks out to the upside. Stop at 231