ParamjitMahapatro
Long

hindalco looks bullish in short term to med term

NSE:HINDALCO   HINDALCO INDS
in weekly, price at trend line support, also hidden bullish divergence seen here,


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.
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,
Comment: but I am quite bullish here in longer time frame, price already crossed 2011 peak.

now based on fibo extn long term tgt - 400,
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