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.
Hindalco Price action For long side view.
its been days since i posted something.
Here posting something with easy to understand price action chart.
Lets see if it works.
