Archive Daily Archives: March 12, 2019

Hindalco Stock Edge of Breakout

Hindalco Stock Swing Trading

The stock has loose nearly 40% from it's 2018 all-time high of 284. We were able to ride that trend by using our 'Unique' angled line tool.

hindalco Stock

Now vital signs are emerging that soon this downside can get the end, Close above 204 will be the first sign of changing the short-term trend & target above 204 will be 214/220. 

After this, we will look for further study as there are high chances of more upside in this stock this year.

Note: Above mention price projection & other Information are for educational purpose only.


Posted by Divesh
March 12, 2019

Nifty Trading Near Critical Monthly Zone

Nifty Intraday Technical Chart

As posted in the last analysis: Bulls are having full control till trading above 10960 & can take the index towards 11130/11210 levels & Bears will get active below only 10900, for a move towards 10840/10750.

Nifty Trading Near Critical Monthly Zone

Bulls are in strong position & showing good strength; Now we are approaching a significant price range of 11210-11220.

Bull need to hold above this range for a move towards 11290/11360 & Bears need to close below 11050 for the move towards 10960/10840.

Critical Support for today in Intraday is at 11140 / 11095 / 11030 & Resistance is at 11210 / 11255 / 11320.

Note: Above mention price projection & other Information are for educational purpose only.

Posted by Divesh
March 12, 2019