HINDALCO has enjoyed a roller coaster ride for the past few weeks where it moved from 110 levels to 138 level. but this movement is with no fundamental news , the sole reason for its movement being operators. also there is no improvement in company s business. i mean to say it cant happen in overnight. so movement is unwarranted. and since too much long had been set up, there is 80 percent chance of long unwinding, which will make the share fall back to lower end of 110 levels. so target price 118-120. time frane within dec expiry
HINDALCO has enjoyed a roller coaster ride for the past few weeks where it moved from 110 levels to 138 level. but this movement is with no fundamental news , the sole reason for its movement being operators. also there is no improvement in company...
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