Analyst recommended shorting Hindalco citing bearish chart pattern near 200-day EMA

Tue 29 Sep 2026

Closing level

955

Target

900

Stop loss

980

Heard on Live TV News Channel between 08:50:39 - 08:51:54 IST.

• Said Hindalco has been in consolidation with lower tops and bottoms, closing around 955.
• Noted the stock is at the edge of breaking below its crucial 200-day EMA support.
• Recommended shorting with an immediate target around 900 and stop loss at 980.

The call above is Nagraj Shetty's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.