Thursday, January 31, 2013

Hindalco looks positive!!!

Hindalco Chart!!


Price is moving in a channel and support at ascending trendline.
Today price closed positive and formed a engulfing pattern with good volume thus giving positive indication
RSI and MACD is crossing upside.
Enter at current market price stoploss 109, Tgt 122-130-137.

Regards
Rinkesh Jain

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