Super Bullish View on Hindalco as nifty is approaching record highs and expecting it to head higher upto 22000 - 22500 levels in coming weeks.
1. Hindalco is been consolidated above 200 EMA on daily time frame for a long time. 2. Hindalco is one of the high beta stock in CNXMETAL, along with nifty even metal sector is hitting record highs.