HINDLCO : cmp : 573.75
Trading near the breakout zone of 570-580 . If it surpasses and sustains
above the level a buying movement could be possible in the near term.
Making higher highs for 3 days.
RSI & MFI trending up.
Buy on dips.
Accumulation zone : 550- 575
Profit booking zone may be : 598 - 640
SL 563/According to your risk appetite.
Positionally can move 675+
Sl 538 Dclbs
March Future as well as Option :March 580CE @ 16-18 can be look after.
If it opens below short term sl. wait for the reversal.
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally
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