Hindalco Industries (HINDALCO)(Technical Analysis Mumbai Training).

Today on 19th September 2014 our Technical Analysis  team has pulled a stock from Hotels Sector– Hindalco Industries (HINDALCO).

Here are some facts which we have gathered on HINDALCO:-

1) In the following image HINDALCO has formed bullish Engulfing Pattern and 
    respect the support line from 5^th June 2014 to 19^th   September 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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