HINDALCO-EQ

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HINDALCO presents a compelling buy-side technical opportunity consolidating above key pivot ₹931.67 support (S1 ₹921.34/S2 ₹906.02) after 3.26% intraday surge to ₹943 high, with price holding above 100/200-day MAs confirming medium-term bullish bias despite short-term MAs resistance. Neutral RSI(41-79 range) and STOCHRSI oversold alongside bullish MACD(18.43)/Momentum(66.90) signal downside exhaustion ripe for continuation bounce amid metals rebound. Higher lows formation near S3 ₹895.69 validates accumulation—attractive long entry targeting R1 ₹946.99/R2 ₹957.32 resistance with tight stops below S2 ₹906 for optimal upside capture in this aluminum leader.Warning-

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