HINDALCO DAILY CHART Breakout @ 450 Target @ 827 Resistance @ 550 HINDALCO has witnessed a trendline breakout @ 450 levels, medium target projected @ 827 levels. Its only an observation & not any suggestion.
This is only an idea of the stock Don't make an investment decision.
this stock is trendling Upwards.. now the price is at Resistance Zone... if it failed to break the resistance it will continue its fall, on bottomside trendline is acting as a support. keep in long side as long as price is above the trendline.. On top side after a strong fall price is going to test the resistance, so keep looking for short from this zone. ...
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
hindalco 1w time frame buy@ 444 target 470, 480, 490, 495.75 ascending triangle breakout risk reward 1:2 sl @418
Hindalco is going as per the triangle pattern... should have published it earlier but we can still go long in this ... risk management is necessary SL is very small 467.00
we can see a W parttern resistance break with support from trend line
Price is now enters into the daily resistance zone,wait for the price to be bearish after a strong bullsihness price is facing resistance. the area of value at 470 price may push it upside again...so keep looking for short side...
Breakout of cup and handle pattern has been done on HINDALCO and what I'm looking for is the retest to take it to the upside. Target - 500
First things first: what exactly is a resistance line? Simply put, it's a horizontal line on a stock's price chart that represents the highest price at which the stock has been sold during a given time period. This line serves as a psychological barrier for many investors, who often view it as a threshold that cannot be crossed without incurring significant...
I took my first position on Feb 17th, 2023. I then added to it on April 3rd and May 25th. The total holdings in the stock summed up to around 2.5% of the capital, and I held the stock for over 6 months. Technically, I am expecting a reversal move and have therefore decided to book the profit. I don't have much insight into the potential of the aluminum sector...
HINDALCO has immediate target of 506 coming out of triangle pattern. Keep watching.
looks shorter term bearish cheek selling pattern on every raise , on hourly time frame
ITS Look short term bearish , only trend reverse one close above trend line .
This is for educational purposes only The chart patterns or trends that I see in the charts I have tried to mention
hindalco just now have broked the dow compression set up and it will soontouch 495 rate in coming days