GOOD --BUY -- HINDALCO GOOD - BUY-- HINDALCO --DAILY CHART SETUP .
1. Hindalco trading at upper channel on daily chart .
2. Currently stock trading at lower support at upper channel , at near strong support line. so as GOOD BUY LEVEL at risk reward ratio.
3. DAILY CHART trix line shows at oversold level as well as at positive crossover
4. one can initiate BUY 420-425 for target 450-480-500 + short to mid term STOP LOSS 399 bellow strong support line
5. RISK REWARD RATIO 1.4 fom current level
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !!
HAPPY TRADING. !!