Reason for why should you watch Hindalco !! Long

HINDALCO INDSNSE

Description

⋅ Dec 5, 2022 12:07 PM

Hindalco has given a breakout today & it's also at a good level to catch

Why Hindalco is a Buy? NSE:HINDALCO

Reason for Buy:-You can see metals are Inversely Proportional to Autos.

Even as of now, metals are standing stronger when volatility comes in the market.

This gives the Idea that the demand for metals is more than the supply, making the price move Higher.

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Comment

⋅ Dec 6, 2022 4:06 AM

Its Down today Due to volatility and Metal Index is at its resistance or swing High next few Days will be Crucial due to events.

Comment

⋅ Dec 8, 2022 8:16 AM

After two days of falling, Hindalco has found its footing once more, and a good finish will lift it to the upper side.

Comment

⋅ Dec 14, 2022 9:57 AM

Considering how well Hindalco performed today, positive developments are expected in the days ahead.

Comments

vorayash05

⋅ Dec 19, 2022 5:36 AM

What a breakout

ManishNaagar

⋅ Dec 9, 2022 7:03 AM

Bro after todays market what is your view on hindalco

Gagan_Ahuja_13

⋅ Dec 9, 2022 7:15 AM

@ManieshChandra, The primary cause of the nifty's decline is IT, where there has been a massive wave of selling. But Hindalco is relatively untouched by it. Demand is unquestionably present for metals at the moment, so there is no need to be concerned until yesterday's low is broken.