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Akshay15

Hindalco Breaks Out Of Six Months Of Consolidation.

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HINDALCO INDS (NSE:HINDALCO)  
Akshay15  
NSE:HINDALCO   HINDALCO INDS
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Hindalco has been consolidating between 180-200 range. Today it has successfully managed to close above this consolidation range. Good OI addition was also seen in July futures contract. As this move has come out of big consolidation it is going to be strong upmove.

As a disclosure I am also holding Long positions in July futures.
Penafian

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