HINDALCO INDS
- Stock moving up from strong trend line support zone as shown in chart no1, this indicates bulls will be favored as long as holds above.
- As per monthly chart stock is moving up from 50% fibonacci retracement support zone as long as stock holds above 138.50 further price rise can be seen.
- If stock moves up further from current levels then will find resistance around 157.50 and 162 as shown in chart no3.
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