Technical view by Nooresh

Hindalco @ support…

Hindalco was previously recommended as a buy for quick gain above 190.50

it gave a kinda false breakout as it cudnot sustain above that level n closed below it..

Now the stock is nearing the bottom of channel will break it also ..

The stock can be bought closer to 175 with stoploss of 174 on close below..

Article by Nooresh Merani

Nooresh has written 2531 articles.

You can follow Nooresh Tech on Facebook and Twitter here.

{ 0 comments… add one }

Leave a Comment