AbhishekHSinghCMT
Long

HIndalco- Current Sideways-Buying above 170-172 zone

NSE:HINDALCO   HINDALCO INDS
213 4 8
Had an impulsive move from lows@58.80 since Feb2016. Currently its in sideways move from its high@180.65- going & sustaining above 170-172 zone can be an opportunity for Hinadlco Bulls for longs initially for target 180 similar to previous highs-later let me come back again.

Longer Term-
If HIndalco             gets support in the zone 145-147 which is double bottom can again be a zone of importance & can be looked as bullish opportunity- if you are a bull.

Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Hi Abhishek Is B wave of 4th wave is still in progress? c wave expected targets can be around 147 again?
Reply
@bidnur, possible, but going above 170-172 on sustainable basis likely it will push upside
Reply
all of you telling long.what is the approx period of long.kindly tell.pl dont mind for my childish question
Reply
@DebuRoy, Timing is complicated issue. Can't comment on that front.
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