HINDALCO

            HINDALCO has closed at 104.15, 5.50 % down. It has closed below multiple support zone. This stock has given a clear indication of downward movement by giving a big decision red bar. The chart below clearly shows that it has broken a support zone which can be seen in green lines.
One may sell this stock for the down targets of 101 & 97. And a strict closing basis Stop Loss must be maintained at 108.