May Hold if longer time frame planned.
Stoploss: 897 (on close price basis)
Time Frame: Less than 3 months.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Higher Highs & Higher Lows.
Breakout above RESISTANCE levels
Trading at SUPPORT levels
Fundamental are strong.
Hindalco is taking support from the lower blue line and it takes to support this time too, we may see its ATH and upper levels. If it breaks the green support zone, the level marked with a white line may be seen.
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InvestPro India Team
Hindalco is Ready for its Next Up Leg supported by Rising Volumes and also could give more Fireworks on the back of Positive Earnings.
A stock that is at an All Time High is in Blue Sky Zone and can keep going UP!
Long Hindalco Positional:
- for Target of 480 possibly in May Series itself
- with Stop Loss below 385
Copper and Aluminium Prices are also at Record...
Hindalco has recently given a channel breakout. Considering its uptrend and the global demand of manufacturing materials it is about to go higher according to my view.
Some reasons and signals are as below:
1. Overall uptrend
2. MACD giving upward direction
3. Stochastic also confirming up trend
4. RSI is above 60 and stock has gained momentum despite of...
I HAVE GIVEN CALL YESTERDAY TO ENTER ABOVE 380. BUT TODAY MORNING I WE HAVE ENTERED FROM 371 IN OUR PREMIUM GROUP . THIS IS CALLED RIPPLE. OUR SL IS AT COST.
TO JOIN OUR PREMIUM GROUP
CONTACT NUMBER GIVEN IN PROFILE.