HINDALCO - A stock to watch
The stock has been making Higher Highs and Higher low from the recent low. Now attempting to take out the previous rejection Zone. Good support in terms of Relative strength, Money Flow and buying Pressure. Also showing positive Strength. Above the short and long term moving averages in both daily and weekly. The Metal index is also supporting in terms of bullishness. A close close above 454 will take it higher and will test 500+ levels.
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