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3/01/2022 10:59:39 AM | Source: LKP Securities Ltd
LKP Spade, Weekly Pick - Buy Hindalco Industries Ltd For Target Rs.510 - LKP Securities
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LKP Spade, Weekly Pick - Buy Hindalco Industries Ltd For Target Rs.510 - LKP Securities

* Stock has given a good breakout above its falling hurdle line with strong bullish candle.

* Strong volume activity has been seen at the time of breakout.

* Momentum indicator MACD is moved above base line.

Hindalco Industries Ltd BUY @ Rs. 472-475 Stop Loss Below Rs. 449 CB Target Rs. 510 Duration 1 Week

 

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