Hindalco Industries can test Rs 140, says Anu Jain, Vice President-IIFL Private Wealth Management at India Infoline.
Jain told CNBC-TV18, "Hindalco Industries looks like its going to attempt that Rs 140, more than Rs 140 levels but I would keep my stoploss around Rs 127 odd levels. Right now it's in a zone where it's trading between the high and the low it's made about two weeks back. So looks poised for about Rs 142-144 where it kind of went last time when it was having a lot of momentum beyond that one would have to take a view once it reaches there."