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2026-03-18 12:02:24 pm | Source: Religare Broking Ltd
Stock of the day : Hindalco Industries Ltd Target Rs.1000- Religare Broking Ltd
Stock of the day : Hindalco Industries Ltd Target Rs.1000- Religare Broking Ltd

Hindalco Industries Ltd

* HINDALCO continues to exhibit a well-defined uptrend, characterized by a consistent formation of higher highs and higher lows, supported by stable volume dynamics.

* Price action remains firmly above key moving averages, reflecting sustained bullish momentum and underlying strength.

* The recent consolidation appears constructive, indicating accumulation within an upward-sloping channel rather than distribution.

* This price behavior reinforces a positive bias, and market participants may consider initiating long positions within the identified accumulation zone.

Buy Hindalco Industries Ltd CMP 936.65 Range 934-937 SL 900 Target 1000

 

 

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