HINDALCO INDUSTRIES LTD - Bollinger Band + MACD๐ Script: HINDALCO (HINDALCO INDUSTRIES LIMITED)
๐ Nifty50 Stock: YES
๐ Sectoral Index: NIFTY 500 / NIFTY METAL
๐ Sector: Commodities - Metals & Mining
๐ Industry: Non - Ferrous Metals - Aluminum
Key highlights: ๐กโก
๐ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
๐ MACD is already giving crossover.
๐ Double Moving Averages also giving crossover.
๐ Current RSI is around 66.
๐ One can go for Swing Trade.
โฑ๏ธ C.M.P ๐๐ฐ- 455.55
๐ข Target ๐ฏ๐ - 502
โ ๏ธ Stoploss โ ๏ธ๐ซ - 435
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ ๏ธ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!๐ฅ