Tuesday, July 1, 2014

Hindalco Industries (HINDALCO) supports the Trendline (Technical Analysis Mumbai Training.)

Today on 1st July 2014 our Technical Analysis  team has pulled a stock from Aluminium Sector– Hindalco Industries (HINDALCO).
Here are some facts which we have gathered on HINDALCO:- 

1) In the following image HINDALCO support the 6 times tested Trendline from 5th 
    May 2014 to 1st July 2014.



       2) Stochastic in oversold Territory and upward direction.
      3) Positive RSI: Here in the following image you can see that RSI is positive in 
           upward direction.

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