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Trading Strategy

Short-term Technical Pick: Sell Hindalco Industries
The stock is showing negative bias for the short term. HDFC Securities recommends investors to sell Hindalco Industries between CMP of Rs131.15 and Rs136 for targets of Rs116-97 with a stop loss placed at Rs141 in 1-3 months.

     Index Current Change
    Dow Jones Industrial Average (Apr 01) 17650.94 -125.18
    Hang Seng (Apr 01) 25082.75 +181.86
    Jakarta Composite (Apr 01) 5466.87 -51.81

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