MTECHTIPS:- HINDALCO:- HINDALCO is in HOLD SHORT position Share has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below262.8 Buy if above 284.0 The oscillator is showing SELL signal.The short term sell signal is supported by 63 % indicators.
Intraday trend-Buy is advised above 274.8 with a stop at 265.5 Below 262.8 go for sell The intraday signal is SELL and it is supported by 78 % indicators.