Hindalco Rises Before Earnings Report

Hindalco gives an opportunity for a long trade by numerous confluences
1. consolidatory break of the 200EMA
2. Break of Resistance zone
3. Favourable risk to reward ratio
4. High Volume
5. Upward channel support

Stop Loss below the recent consolidation low
200emabreakoutBullish PatternsChart PatternsconfluencetradinghindalcolongTechnical IndicatorsinstitutionalbuyersLONGTrend Analysisvolumeanalysis

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