Gave my view on Hindalco last month as it moved above 363-365 levels had a big breakout.
For now making fantastic rounding bottom, maybe it will consolidate for some time trend.
has got ex - dividend yesterday.
their is resistance near 430 - 450, if move above those levels and hold them, buy with conviction for 500 and 560.
Trend : NEUTRAL to positive, take position above 450.
Its a positional view, buy for short to medium term
place SL near 398
Disclaimer : these are my personal views take advise from your advisor before taking position.
For now making fantastic rounding bottom, maybe it will consolidate for some time trend.
has got ex - dividend yesterday.
their is resistance near 430 - 450, if move above those levels and hold them, buy with conviction for 500 and 560.
Trend : NEUTRAL to positive, take position above 450.
Its a positional view, buy for short to medium term
place SL near 398
Disclaimer : these are my personal views take advise from your advisor before taking position.