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Trading Idea #3 For week starting January 10 #HINDALCO

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HINDALCO INDS (NSE:HINDALCO)  
technikatrader  
NSE:HINDALCO   HINDALCO INDS
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Stock is trading above key resistance level 487. It is a very good long candidate with STOP LOSS of 480 and TARGET 547. Risk reward ratio at current market price 493.50 will be 1:4.
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