2025-03-04 11:03:45 am | Source: Religare Broking Ltd
Stock of the day : Hindalco Industries Ltd For Target Rs. 678 - Religare Broking
Hindalco Industries Ltd
Buy Hindalco Industries Ltd CMP 636.55 Range 635-637 SL 615 Target 678
* Hindalco recently recorded a breakout from double bottom pattern indicating an end of its corrective phase.
* Since then, it traded in a range while creating a base near the neckline of its breakout zone.
* The stock is holding strong above the confluence of short to medium term averages, showcasing strength in current price action.
* Traders can consider longs in the mentioned range.
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