hindalco looking strong

hindalco is looking strong 192-194 area of suppport on daily chart and weekly chart and rsi also moved above 60 and crossed slow line and it consoildated around 193-210-212 area...crossing area will s make new way for upper price target should be 220-230 and last hurdle 240......... chart is attached.

hmm..doing gud in oppsite market also now resistance is now on 215 close above 215 will reach 220first...but sum support from market also required

Do you advise entering Hindalco at ciurrent levels

aknigin

Is it making cup and handle apttern on weekly charts although the bottom of cup is not that regular and smooth?

yes any one can enter hindalco on dips...as market r volatile so if people find hindalco on lower price then can buy stock...