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 2024-05-23 View latest technical analysis

10 day averaged volume of Hindalco Industries is 6789561

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu May 2024	676.80	675.15	678.55	665.95	1.436 times
22 Wed May 2024	684.55	698.55	698.70	677.40	1.179 times
21 Tue May 2024	693.60	666.30	695.40	663.20	2.353 times
18 Sat May 2024	660.35	662.00	662.90	657.50	0.069 times
17 Fri May 2024	655.45	653.00	658.80	650.40	0.74 times
16 Thu May 2024	653.35	660.00	666.00	643.25	1.293 times
15 Wed May 2024	653.70	653.00	659.00	648.70	0.996 times
14 Tue May 2024	646.65	644.35	649.50	638.20	1.228 times
13 Mon May 2024	633.50	625.10	636.15	614.30	0.528 times
10 Fri May 2024	625.60	620.10	629.55	618.00	0.643 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 667.7, but if it comes below 667.7, then a intra day sell could be more profitable.
If you take a sell trade below 667.7, then use 667.7 as stoploss and 648.73 as target. However if you take a buy trade in stock , then use 667.7 as stoploss and 690.4 as target.

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	698.70

Intraday share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Intraday Target	660.43
Downside Intraday Target	644.07
Upside Intraday Target	695.93
Upside Intraday Target	715.07
Upside Intraday Target	679.57

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu May 2024	676.80	666.30	698.70	663.20	1.023 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
23 Thu May 2024	676.80	635.90	698.70	611.75	0.764 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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Hindalco Industries in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 665.87 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.