KinfeAxeMeteor

HINDALCO Ascending Triangle

Long
NSE:HINDALCO1!   HINDALCO INDS FUTURES
As you can see, this is the chart of Hindalco, an Indian PSU forming an ascending triangle. Given the recent capex in metal industries and the rising prices and the Government to disinvest this company, my sense is that this stock is about to hits its target of 500. Please advice and provide some feedback.
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.