MTECHTIPS:- HINDALCO:- HINDALCO closed above 1 week high with volume signals up breakoutCurrently HINDALCO is in BUY position Share is in sideways and sellers was at high so for short term better buy above 240.9 or hold with stop at 226.6 The next resistance will be at 239.45 The oscillator is showing SELL signal.The short term buy signal is supported by 75 % indicators.
Intraday trend-Buy is advised only above 240.9 with a stop at 236.3 Below 235.1 go for sell and put stop at 239.7 The intraday signal is BUY and it is supported by 73 % indicators.