STOCK OF THE DAY 17-JAN-2012

NSE BSE OUTLOOK 17-JAN-2013

HINDALCO

Please see below chart. HINDALCO has retraced 61.8% of its recent upswing and this generally is where support comes in for the stock.

Buy HINDALCO at opening with stop loss 122 on closing basis for targets 135 - 145.

Time frame 1 - 2 weeks.

If you are interested in having rock solid levels on Nifty and other stocks please email us at jerrytechnicals@gmail.com

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Disclaimer: This is not a recommendation/ solicitation of any order to buy or sell, but my view on indian stock market. I assume no responsibility for any opinion or statement made in this postr. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss