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TheWizardsZone

Hindalco: Breaking out of a 12 Year Consolidation

Long
HINDALCO INDS (NSE:HINDALCO)  
TheWizardsZone Updated   
NSE:HINDALCO   HINDALCO INDS
Chart Patterns
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chartpattern
Hindalco is breaking out of a 12 year consolidation. Given the run-up in base metals (copper and aluminum) and view on DXY being weak, we thing this breakout is here to stay. Stock can see re-rating towards INR 500+ in days to come.
Comment:
Hindalco Continues to rock
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