Stock of the day : Hindalco Industries Ltd by Target Rs. 725

2025-07-23 10:40:40 am | Source: Religare Broking Ltd

Stock of the day : Hindalco Industries Ltd by Target Rs. 725 - Religare Broking Ltd

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Hindalco Industries Ltd

Buy Hindalco Industries Ltd CMP 690.05 Range 688-691 SL 673 Target 725

* Hindalco has exhibited positive momentum over the past several months, currently demonstrating a higher high and higher low pattern on the daily chart.

* This price structure indicates sustained bullish sentiment, with upside potential likely to persist in the near term, reinforced by a well-defined rising trendline.

* Additionally, at present 20 and 50 Days EMA are acting as robust dynamic support levels.

* Investors may consider initiating long positions within the suggested entry range.

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Stock of the day : Hindalco Industries Ltd by Target Rs. 725 - Religare Broking Ltd

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