Hindalco Technical View

Hindalco

Head & shoulder pattern can be seen in Hindalco chart.
MACD is on the verge of crossing down the signal line.
RSI have crossed the line downside.
Resistance at descending trendline from April 2012.
Overall Sentiment bearish.

If stock closes above 125.50 with good volume that this all indicators can go wrong.

Keep and eye on this stock. Good movement can be seen in this stock..

Please consult your adviser before investing!

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