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Stocks under Rs 200 - Dont miss action in this smallcap auto-ancillary stock!
Stocks under Rs 200 - Dont miss action in this smallcap auto-ancillary stock!

Stocks under Rs 200 - Dont miss action in this smallcap auto-ancillary stock!

​​​​​​​Key highlights of the company are its robust demand and big order wins, along with rise in exports and healthy Q2 numbers.  

Rohit Kale Article rating: 3.7

Technically, the stock has registered a strong price volume breakout from its 57-week cup & handle pattern, which is considered strongly bullish over a medium-long term.

Top swing trading stock to watch: Hindalco Industries breaks out of Cup and Handle pattern!
Top swing trading stock to watch: Hindalco Industries breaks out of Cup and Handle pattern!

Top swing trading stock to watch: Hindalco Industries breaks out of Cup and Handle pattern!

This structure is indicating the bullish strength in the stock.

Karan Dsij Article rating: 4.1

The stock is also meeting Mark Minervini’s trend template. It is trading above 40, 30 & 10-weekly averages and all of them are trending up. At the same time, there is the desired sequence.

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