MTECHTIPS:- HINDALCO: HINDALCO is in HOLD SHORT position Share is in sideways so for short term better buy above 239.5 with stop at 223.95 The HINDALCO is now trading is approaching oversold level. The oscillator is showing SELL signal.The short term sell signal is supported by 50 % indicators. Intraday trend-Buy is advised only above 236.4 with a stop at 224.9 Below 221.4 go for sell and put stop at 232.9 The intraday signal is SELL and it is only supported by 28 % indicators.