pravinpatil26
Long

Hindalco offering Long Opportunity.............

NSE:HINDALCO   HINDALCO INDS
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Hindalco Industries is consolidating from last 5 months and it has formed ascending triangle pattern..... I expect that the Hindalco Industries to come out of five months of trading range and stock can move towards 235-240 over next 2-3 months. I believe the current consolidation on price front, which is nearing its conclusion, offers fresh entry opportunity for medium term investors.

Comments

Good Analysis, I personally have position in it :)
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