HINDALCO

nextgen

Hindalco trading in up trend and looking to continue existing trend targeting long term resistance 176.37 in near term or may in a week as first target, if breaks 176.37 as second target 195.92, it is forming a wide rising wedge, risky trader can go long in this stock at CMP, conservative traders may wait if stock touches 160.00 then enter long for better entry price.

techtrail Updated 

After being rejected at the blue upsloping medianline, the red fork now seems to be in play.

praveen.bhatiya Updated 

PF, latest Trendline and Channel cofluence at this point suggesting that buyers may enter at this level. Please keep a watch on it for emerging trade.

Mur_Att

Good support area with Sl pretty nearby. A good RR long here imo with 156-162 possible.

Mur_Att Updated 

A move above 157 and we could see 161 in a flash. Move back down from these levels would be bad for the stock. Supports at 152 should be retested, IF, it fails to BO from hereon.