Hindalco has bounced off from 250 level where there's a trendline in Daily time frame which is the third bottom over it. Stock is clearly bullish and looks like good time to buy. 260 can be a better entry, though I'm not sure whether we get that discount today. Anyway, the stock is a buy with 276 as exit point. Can expect a short term resistance at 265.
Comment:
Doesn't look good.