Hindalco looking good for the selling in short term, RSI also showing bearish divergence, we just wait for the channel breakdown below 354 is best opportunity to short.
It's looking good for intraday trade, if it will sustain above the range and retest the level then we can enter in the trade for 372 target, it can give on way movement
Its a strongest chart pattern which showing the strong breakout with high volumes, 50 EMA and 20 EMA showing strength of the stock.
If anybody want to go with long position buy @CMP with 45 stop loss
It have a almost 7% gap with strong buying, may be first it can fill the gap then rally will continue, if you want to buy. Buy above the level of 68 with 64 stop loss and target will 91-94
