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MTECHTIPS:- HINDALCO:- HINDALCO is in HOLD SHORT position Share is in sideways so for short term better buy above 246.25 with stop at 227.6 The HINDALCO is now trading is approaching oversold level. The oscillator is showing SELL signal.The short term sell signal is supported by 50 % indicators.  Intraday trend-Buy above 241.6 and keep stop below 234.3 Target is 244.7 next 250 Below 231.1 trend reversal can occur and next level is 225.8 The intraday signal is BUY and it is supported by 83 % indicators.