Hindalco Industries Limited an Indian aluminium and copper manufacturing company, is a subsidiary of the Aditya Birla Group. Its headquarters are at Mumbai, Maharashtra, India. The company has annual sales of US$15 billion and employs around 20,000 people. It is listed in the Forbes Global 2000 at 895th rank.
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buy above 204.25 target 208.25 SL: 200.25 bad R:R 1:1 but it works SELL only 199.55 target 194.25
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Hindalco is a short around 160 with target 100 in 5-6 months
It is been trading in channel for few days as showed in the 30mins chart, it is on the move to the downside and I'm looking for a breakout in the 30 mins chart.