Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(HINDALCO) Hindalco Industries complete technical analysis [charts+indicators] | Buy/Sell Hindalco Industries | (HINDALCO) share price targets

Complete technical analysis of Hindalco Industries (HINDALCO) by charts plus indicators, forecast predictions and share price targets for Hindalco Industries (HINDALCO)

Hindalco Industries trades in NSE in Aluminium sector.

Showing technical analysis as on 2024-03-13 View latest technical analysis

10 day averaged volume of Hindalco Industries is 6527139

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	507.00	529.35	530.00	501.20	0.875 times
12 Tue Mar 2024	528.95	533.10	536.85	525.30	0.567 times
11 Mon Mar 2024	533.70	540.00	543.25	532.10	0.847 times
07 Thu Mar 2024	536.70	530.80	540.85	529.25	1.212 times
06 Wed Mar 2024	526.95	522.05	527.90	513.95	0.711 times
05 Tue Mar 2024	522.10	524.00	528.30	520.20	0.878 times
04 Mon Mar 2024	524.95	524.00	529.85	520.05	0.918 times
02 Sat Mar 2024	522.85	523.00	524.00	518.00	0.096 times
01 Fri Mar 2024	519.10	510.00	522.50	510.00	1.514 times
29 Thu Feb 2024	503.85	506.50	508.00	499.00	2.583 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 508.1, but if it comes above 508.1, then a intra day buy could be more profitable.
If you take a sell trade below 508.1, then use 508.1 as stoploss and 496.7 as target. However if you take a buy trade in stock , then use 508.1 as stoploss and 517.47 as target.

Share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Target	456.00
Downside Target	496.35
Upside Target	537.60
Upside Target	538.00
Upside Target	540.85
Upside Target	543.25
Upside Target	601.80
Upside Target	608.95
Upside Target	618.00
Upside Target	620.50

Intraday share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Intraday Target	491.05
Downside Intraday Target	475.1
Upside Intraday Target	533.1
Upside Intraday Target	559.2
Upside Intraday Target	517.15

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	507.00	540.00	543.25	501.20	0.616 times
07 Thu Mar 2024	536.70	524.00	540.85	513.95	0.526 times
02 Sat Mar 2024	522.85	519.40	524.00	499.00	1.047 times
23 Fri Feb 2024	518.35	518.75	538.00	507.15	0.475 times
16 Fri Feb 2024	515.70	591.90	601.80	496.35	2.629 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Hindalco Industries (HINDALCO)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	507.00	510.00	543.25	501.20	0.228 times
29 Thu Feb 2024	503.85	578.00	608.95	496.35	2.008 times
31 Wed Jan 2024	579.35	614.50	620.50	537.60	0.912 times
29 Fri Dec 2023	614.85	520.05	618.00	514.00	1.068 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Hindalco Industries (HINDALCO)

Price action analysis of Hindalco Industries ( (HINDALCO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Hindalco Industries ( (HINDALCO) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Hindalco Industries ( (HINDALCO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Hindalco Industries stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Hindalco Industries in short term but the buy signal is initial and weak.

Hindalco Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Hindalco Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Hindalco Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 519.42 and Hindalco Industries (HINDALCO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Hindalco Industries (HINDALCO) stock. Volume based technical analysis of Hindalco Industries (HINDALCO) stock is negative.

Hindalco Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.