Elliot wave Analysis # Bullish Sequence Buy on Dips

Sector: Non-Energy Minerals

Industry: Other Metals/Minerals

Hindalco Industries Ltd. engages in the production and marketing of aluminum and copper products.

Technical View:

Nice Buying opportunity will be seen for Hindalco @ 182.50 to 185 odd levels, with the Invalidation of 172.50, and Target of 225 to 230 odd levels in coming 2/3 months horizon. Overall its a Positional call ( Holding 1 to 90 days)
The price should retrace (correct) at least 38.2 to 50% from CMP to 182.50 level.

Disclaimer: I am NOT a SEBI registered advisory firm nor a financial advisor.

Any of my investment or trades I share on my Channel are provided for educational purposes only and do not constitute specific financial, trading or investment advice.

Elliot wave Analysis, All types of Asset classes are covered like, Indices, Stocks, Currencies and commodities.


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