2026-08-25 10:33:18 am | Source: Religare Broking Ltd
Stock of the day - Hindalco Industries Ltd Target Rs. 1135 - Religare Broking Ltd
Hindalco Industries Ltd
Buy Hindalco Industries Ltd CMP (Rs) 1058.5 Range* 1055-1060 SL 1020 Target 1135
* HINDALCO retains a constructive bullish structure, with price action sustaining higher highs and higher lows following consolidation.
* The stock continues to trade firmly above its key short, medium and long-term moving averages, confirming a robust multi-timeframe uptrend.
* The recent rebound from the 20 DEMA, coinciding with a 50% retracement of the preceding up-move, signals renewed accumulation and strengthening momentum.
* Investors may consider accumulating the stock within the recommended buying range.
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