HINDALCO INDUSTRIES LTD
Long
Updated

hindalco looks bullish in short term to med term

81
in weekly, price at trend line support, also hidden bullish divergence seen here,

snapshot
with sl - 220, tgt - 280
Trade active
till now 263, it is showing lot of strength, in daily, it has broken horizontal resistance and price started pushing upper BB upwards, sign of bullishness. snapshot
Trade active
going good, till now 273
Trade closed: target reached
tgt of 280 already achieved here, cheers.

now it is at previous swing high level, snapshot
Note
but I am quite bullish here in longer time frame, price already crossed 2011 peak.

now based on fibo extn long term tgt - 400,
snapshot

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