2025-09-02 11:03:11 am | Source: Religare Broking Ltd
Stock of the day : Hindalco Industries Ltd by Target Rs. 762 - Religare Broking Ltd
Hindalco Industries Ltd
Buy Hindalco Industries Ltd CMP 719.60 Range 718-720 SL 697 Target 762
* HINDALCO is demonstrating relative strength, sustaining a higher high–higher low price structure—an essential hallmark of a prevailing uptrend.
* The stock has recently given a breakout on the upside, supported by consistent price action above key moving averages e.g. 21, 50, and 100 DEMA.
* Notably, it has surpassed a 10-month high on rising volumes, indicating increased investor interest and accumulation.
* The technical setup supports a positive outlook, and investors may consider initiating positions at recommended levels.
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