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Hindalco

2 Feb 202110:15 AM

Hindalco became the 1st Metal stock with the daily momentum indicator crossing over to the buy side and a close above the 20 DMA. This is in line with the metal index to start wave 3 of 3 longer-term. Prices came close to the lower trendline which is near 240 is the long-term support. The 20 DMA at 250 will act as the support. The 52-week highs at 275.50 and 3 = 1 is equal to 393

Hindalco became the 1st Metal stock with the daily momentum indicator crossing

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