HINDALCO INDUSTRIES LTD
Long

Strong Breakout From Hindalco, Keep In Radar

320
Hindalco is showing strong bullish momentum as it approaches the key resistance level around 720. The stock is trading above both the 100 and 200 EMAs, indicating sustained bullish sentiment. A breakout above this resistance could lead to further upward movement. Volume has significantly increased, suggesting strong buying interest. Traders should look for a close above 720 for a potential rally towards 830 and beyond.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.