#Educational #Metal #Hindalco Ind - SHORT

Diupdate
Hindalco Looking bearish :
1. Trading below 200 EMA
2. Trendline breakdown after several days consolidation.
3. Volume Supported.
4. RSI below 40.
5. Metal index also looking weak.
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Long term chart also indicating bearish momentum. If it goes in our side then 300 levels can be seen soon.
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439 would be our SL.
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Target1 386 achieved.
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Trend Analysis

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