HINDALCO INDUSTRIES LTD
Short
Updated

Hindalco headed towards 260 250 levels ?

HINDALCO has been making a channel for last few days suggesting a channel breakout soon. Since it had a bull run previously and results are already out, there are no more buy trigger in the near future. Close below 263.50 on hourly charts can take it further down.

snapshot
Trade closed: target reached
closed as soon as I realized that results are coming on 13th November
Trade closed: target reached
Also not moving as expected.

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