vedl with lot of news flow in the counter , despite having it i see the stock as undervalued upto 78 zones , technically weak below it now and from here can try to give a quick upmove for 130 /144 zone
Hindalco 15mins chart clearly shows the Idev has formed inside the static CPR today, which means this can show a boom effect tomorrow.
Such a formation is known as IV formation which is like a ticking bomb. kindly keep Hindalco in watchlist for 2morrow.
