MTECHTIPS:- HINDALCO

MTECHTIPS:-  HINDALCO:-     HINDALCO is in HOLD SHORT position Share is in sell mode sell below 215.2 buy only above 237.4 The HINDALCO is now trading in highly oversold level. The oscillator is showing SELL signal.The short term sell signal is supported by 88 % indicators. 
Intraday trend-Sell if open below 215.2 with stop loss at 221or sell below 212.8 Buy is not advised till it cross 223.4 The intraday signal is SELL and it is supported by 70 % indicators. 

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