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Aluminium giant Hindalco Industries is on a roll and hit its 52 week high on Thursday. At the current price of Rs. 158, the technicals indicate a short term rise of Rs 20 or so, and with the Nifty also looking strong on the charts, there is a good possibility of that happening. This is only for the short term traders who can take high risk. For the long term investors, it would be prudent to wait for a correction. |
