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Stock of the day: Buy Hindalco Industries Ltd For Target Rs.495 By Religare Broking
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* Metal pack has been performing well amid volatility and Hindalco is also holding strong.
* After the dip to the support zone of major moving averages, it has rebounded strongly with a noticeable surge in volumes.
* The chart pattern indicates the prevailing up move to continue.
* We thus suggest creating fresh longs as per the levels.
BUY Hindalco Industries Ltd CMP (Rs):471 Range:465-468 SL:452 Target:495
Technical Chart :
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