HINDALCO

This script is going theough lot of nagetive news since long time and under perform the index but this time this small news will be somthing like "DILLAGI NE DI HAVA THODA SA DHUVA UTHA...AUR AAG JAL GAYEE"...CHEERS
Hindalco Industries Limited (HIL)
Key Events
JVA with NEYVELI LIGNITE CORPORATION LTD
NLC signed the Joint Venture Agreement (JVA) with Mahanadi Coal
Fields Ltd. (MCL), a subsidiary of Coal India Ltd. and Hindalco
Industries Ltd. (HIL) for developing and mining Talabira II & III coal
blocks. The JV will have coal mining capacity of 20 MTPA...NLC and HIL will hold 15% each in the equity share capital of JV
while MCL will hold 70%
Friends ......buy hindalco between 155-157 no stoploss target 180 in 5 days

since i was busy i could not post the chart but this is something very intresting pic i bought for you just annalys urself
i'm expecting some big news which may give 20-25 rupee jump but i personaly feel that some huge target in nov 07 cos this is what change in open intrest indicates

intresting thing is that marill lynch and clsa gave sell call on hindalco...are they planning to buy lower??? beware about gora's

Courtasy:- Jatin Shah Cochin
Discloser:-i and my friends are holding this