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(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 2024-05-21 View latest technical analysis

10 day averaged volume of Hindalco Industries is 6238505

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue May 2024	693.60	666.30	695.40	663.20	2.561 times
18 Sat May 2024	660.35	662.00	662.90	657.50	0.075 times
17 Fri May 2024	655.45	653.00	658.80	650.40	0.806 times
16 Thu May 2024	653.35	660.00	666.00	643.25	1.408 times
15 Wed May 2024	653.70	653.00	659.00	648.70	1.084 times
14 Tue May 2024	646.65	644.35	649.50	638.20	1.337 times
13 Mon May 2024	633.50	625.10	636.15	614.30	0.574 times
10 Fri May 2024	625.60	620.10	629.55	618.00	0.7 times
09 Thu May 2024	619.40	634.00	637.75	615.00	1.056 times
08 Wed May 2024	633.50	615.10	634.45	615.10	1.232 times

Stock of Hindalco Industries (HINDALCO) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 681.1, for a target of 660.3 or 643.06

Share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Target	496.35
Downside Target	537.60
Downside Target	561.55
Downside Target	608.70
Downside Target	655.00
Downside Target	655.40
Downside Target	661.60
Downside Target	663.20
Downside Target	666.00
Upside Target	695.40

Intraday share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Intraday Target	672.73
Downside Intraday Target	651.87
Upside Intraday Target	704.93
Upside Intraday Target	716.27
Downside Intraday Target	684.07

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue May 2024	693.60	666.30	695.40	663.20	0.485 times
18 Sat May 2024	660.35	625.10	666.00	614.30	0.834 times
10 Fri May 2024	625.60	650.00	655.00	611.75	1.054 times
03 Fri May 2024	647.10	654.95	655.40	628.65	0.855 times
26 Fri Apr 2024	649.30	620.65	661.60	608.70	0.81 times

Price has moved up 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
21 Tue May 2024	693.60	635.90	695.40	611.75	0.664 times
30 Tue Apr 2024	644.40	570.00	661.60	561.55	1.468 times
28 Thu Mar 2024	560.25	510.00	566.65	501.20	0.55 times
29 Thu Feb 2024	503.85	578.00	608.95	496.35	2.008 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Hindalco Industries ( (HINDALCO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Hindalco Industries ( (HINDALCO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Hindalco Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Hindalco Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 653.87 and Hindalco Industries (HINDALCO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 positive

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